per year

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per year

The company pays a dividend of two dollars per year.

Definition

Adverb 1. For each year; annually; yearly: Used to express a rate, frequency, or amount that applies to a single year. It is often used in financial, statistical, or contractual contexts to specify a recurring amount over a one-year period.

Usage

The phrase "per year" is used to indicate that something happens, is paid, received, or measured over the course of one year. It is a standard unit for expressing annual rates. * It typically follows a numerical value. * It is commonly used with verbs like earn, pay, cost, produce, grow, and travel. * It can often be replaced by "annually" or "a year" without changing the meaning.

Examples
  • Financial Context:
    • The salary for the position is $75,000 per year.
    • The interest on the savings account is calculated at 2% per year.
    • The company pays a dividend of $1.50 per share per year.
  • Measurement & Statistics:
    • The factory has an output of 10,000 units per year.
    • The tree grows approximately 30 centimeters per year.
    • The average rainfall in the region is 1,200 millimeters per year.
Advanced Usage
  • "Per annum": This is a formal, often Latin-derived synonym for "per year," frequently used in legal, financial, and academic writing.
    • The lease agreement stipulates a rent increase of 3% per annum.
  • Implied Frequency: When used with a singular event, "per year" can imply an average or a recurring instance.
    • I visit my hometown twice per year. (This means annually, I make two visits.)
Variants and Related Words
  • Annually (adverb): Happening once every year.
    • The report is published annually.
  • Yearly (adjective or adverb): Occurring or done once a year; every year.
    • We have a yearly meeting. (adjective)
    • The magazine is issued yearly. (adverb)
  • Annual (adjective): Covering the period of one year; yearly.
    • Her annual income is substantial.
Synonyms
  • Annually
  • Yearly
  • Each year
  • Every year
  • Per annum
Related Phrases
  • Per month/week/day: Similar structures used for different time periods (monthly, weekly, daily).
    • He earns $5,000 per month.
  • Per capita per year: A statistical measure meaning "for each person per year."
    • The country's electricity consumption is 5,000 kWh per capita per year.
per year

The company pays a dividend of two dollars per year.

Adverb
  1. by the year; every year (usually with reference to a sum of money paid or received)
    • he earned $100,000 per annum
    • we issue six volumes per annum

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