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Make crime pay. Become a lawyer.
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Legal Definitions - per annum
If we desire respect for the law, we must first make the law respectable.
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Definition of per annum
PER ANNUM
Per annum means something that happens every year or is calculated on a yearly basis. It is an abbreviation of the Latin phrase "per annum".
The interest rate on my savings account is 2% per annum. This means that I will earn 2% of my total savings every year.
Another example is a salary of $50,000 per annum. This means that the person will earn $50,000 every year.
These examples illustrate that per annum is used to describe something that happens or is calculated on a yearly basis.
Ethics is knowing the difference between what you have a right to do and what is right to do.
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Simple Definition
Term: PER ANNUM
Definition: Per annum means something that happens every year. For example, if you get 8% interest per annum on your savings account, it means you get 8% interest every year. It is a Latin phrase that is used to describe things that happen annually.
Related term: P/E ratio (price-earnings ratio)
The law is reason, free from passion.
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