p.a.
- adverb
- Formal
- The interest rate on the loan is 6% p.a..
Examples
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The salary is $50,000 p.a..
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The rent is $12,000 p.a., payable in monthly installments.
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He receives a pension of €20,000 p.a. from the company.
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He earns $30,000 p.a. from his job.
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He receives a pension of €20,000 p.a. from the company.
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The rent is $12,000 p.a., payable in monthly installments.
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The interest rate on the loan is 6% p.a..
Synonyms
Happens once every year
How often something happens in one year, often for an amount of money
Once every year
Each year, often used when talking about money amounts
Compounds
- Specialized
A set of speakers and microphones that make sound louder so many people can hear it
Surface Forms
Etymology
The abbreviation p.a. comes from the Latin phrase per annum, where per means 'for each' and annum means 'year', and you can see the same idea in the word annual, which means 'yearly'. So, p.a. is used to show an amount or rate 'per year'.