Annum Meaning: Definition, Examples, and Translations
๐
annum
[หanษm ]
Definitions
in finance
A year, used in financial contexts to refer to a 12-month period for reporting purposes or for calculating interest rates.
Synonyms
annual period, year.
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| annum |
Used in formal, financial, or legal contexts to refer to a year. Often seen in contracts, salary descriptions, and financial reports.
|
| year |
Commonly used in everyday language to refer to a period of twelve months. Suitable for both casual and formal contexts.
|
| annual period |
Utilized in formal or technical contexts to describe an interval of one year. Frequently used in business, finance, and planning documents.
|
Examples of usage
- The company's annual revenue increased by 10% compared to the previous annum.
- Interest on the loan is calculated on an annum basis.
formal usage
A year, especially in historical or literary contexts.
Synonyms
12-month period, year.
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| annum |
Used in formal or technical contexts, often in documents like contracts or financial statements.
|
| year |
Used in everyday conversation, general writing, and most informal or formal contexts.
|
| 12-month period |
Used in contexts where precision regarding the length of time is important, especially in technical or business settings.
|
Examples of usage
- The event took place in the annum of 1776.
- She spent a whole annum traveling around the world.
Translations
To see the translation, please select a language from the options available.
Origin of 'annum'
The word 'annum' is derived from Latin, where it means 'year'. It has been used in English language since the late 16th century. Originally, it was mainly used in formal or financial contexts, but over time it has become less common in everyday language. However, it is still occasionally used in more formal or literary settings to refer to a year or a 12-month period.