Both have the same meaning.
annum = one year per annum = per year annually = yearly
Annum is a year. Per annum = each year
I believe an annum is one year. (ie; $50,000 per annum - per year)
The same as 2% per year. Per annum means per year.
From Latin "per annum"= by year or yearly
It is the Latin word for "year". A salary of $75,000 per annum is $75,000 per year.
Per annum
Per annum is a term that is used to mean that something takes place every year. For example, the government makes its budget per annum.
The phrase "per annum" comes from Latin, with "per" meaning "each" and "annum" meaning "year." When used in relation to finance or investments, "per annum" indicates that something is expressed on an annual basis.
Senate Salaries since 1789 1789-1815 -- $6.00 per diem 1815-1817 -- $1,500 per annum 1817-1855 -- $8.00 per diem 1855-1865 -- $3,000 per annum 1865-1871 -- $5,000 per annum 1871-1873 -- $7,500 per annum 1873-1907 -- $5,000 per annum 1907-1925 -- $7,500 per annum 1925-1932 -- $10,000 per annum 1932-1933 -- $9,000 per annum 1933-1935 -- $8,500 per annum 1935-1947 -- $10,000 per annum 1947-1955 -- $12,500 per annum 1955-1965 -- $22,500 per annum 1965-1969 -- $30,000 per annum 1969-1975 -- $42,500 per annum 1975-1977 -- $44,600 per annum 1977-1978 -- $57,500 per annum 1979-1983 -- $60,662.50 per annum 1983 -- $69,800 per annum 1984 -- $72,600 per annum 1985-1986 -- $75,100 per annum 1987 (1/1-2/3) -- $77,400 per annum 1987 (2/4) -- $89,500 per annum 1990 (2/1) -- $98,400 per annum 1991 -- $101,900 per annum 1991 (8/15) -- $125,100 per annum 1992 -- $129,500 per annum 1993 -- $133,600 per annum 1994 -- $133,600 per annum 1995 -- $133,600 per annum 1996 -- $133,600 per annum 1997 -- $133,600 per annum 1998 -- $136,700 per annum 1999 -- $136,700 per annum 2000 -- $141,300 per annum 2001 -- $145,100 per annum 2002 -- $150,000 per annum 2003 -- $154,700 per annum 2004 -- $158,100 per annum 2005 -- $162,100 per annum 2006 -- $165,200 per annum
23,504.00 Per annum.
pa = Per Annum / Per Year