What does the word "stipend" mean?

Answer

A stipend is an amount paid to someone for work completed. It is different from a traditional payment in that the amount is paid for a specific time period rather than on an hourly or annual basis. They're common in educational or internship situations, particularly Ph.Ds in the sciences.

An intern might receive a stipend, or set amount, for complete a three-month summer internship program. The pay is based on the time invested and not the work completed, according to About.com. Another example is a master's or doctoral student who receives a stipend for a research or teaching assistant position.

1 Additional Answer
Ask.com Answer for: what does the word stipend mean
Stipend
A predetermined amount of money that is provided periodically to help offset expenses. Stipends are often provided to those who are ineligible to receive a regular salary in exchange for the duties they perform, such as interns. A stipend is generall... More »
Explore this Topic
The word "apprised" is the past tense or past participle form of the verb apprise, which means to have informed or to have given notice. It derives from ...
"Provocative" has two common meanings. Its root word is "provoke," which means to stimulate or incite. This term is also used to describe an ...
According to Dictionary.com, the word "doodle" as a verb means to scribble or draw idly, such as a person doodling in class during a lecture. The verb ...
About -  Privacy -  Careers -  Ask Blog -  Mobile -  Help -  Feedback  -  Sitemap  © 2015 Ask.com