Word: Per Year
Part of Speech: Adverb
Meaning: The phrase "per year" means "every year." It is often used when talking about amounts of money, time, or quantities that happen annually.
Usage Instructions: - Use "per year" when you want to describe something that happens each year or to state how much is done or received in a year. - It is often used in financial contexts, such as salaries, expenses, or profits, but can also refer to other yearly occurrences.
Examples: 1. "She saves $500 per year for her vacation." 2. "The company produces 10,000 products per year." 3. "He earns $50,000 per year at his job."
Advanced Usage: - In more formal contexts, you might see "per annum," which has the same meaning as "per year." For example, "The interest rate is 5% per annum." - It can also be used in academic or professional writing to describe rates, statistics, or research findings that occur annually.
Word Variants: - Per annum: A formal synonym for "per year." - Annually: An adverb that means the same as "per year." For example, "The event occurs annually."
Different Meanings: - While "per year" specifically refers to the yearly time frame, "per" can also be used in other contexts to indicate division or rate, such as "miles per hour" (speed) or "cost per item."
Synonyms: - Annually - Yearly - Each year
Idioms and Phrasal Verbs: - There are no specific idioms or phrasal verbs that use "per year," but you might encounter phrases like "year in, year out," which means every year without exception.