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per annum adverb

Click to hear the UK pronunciation of this wordClick to hear the US pronunciation of this word adv (written abbreviation pa) formal

Definition

used in finance and business when referring to an amount that is produced, sold or spent each year
The country exports goods worth $600 million per annum.

(Definition of per annum adverb from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

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