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What does Per Annum Mean

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Per annum is Latin for Per Year. It is annually 12 months. It's usually a term used like your wages or salary a year. You can visit the link below for the definition. For more information see here: www.thefreedictionary.com

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The phrase per annum typically means per year and repeating. It can commonly be used to describe a persons income over a several year period.

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