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Meaning of STIPEND

Pronunciation:  'stIpend

WordNet Dictionary
 
 Definition: [n]  a sum of money allotted on a regular basis; usually for some specific purpose
 
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 See Also: prebend, regular payment

 

 

Webster's 1913 Dictionary
 
 Definition: 
  1. \Sti"pend\, n. [L. stipendium; stips, gen. stipis, a
    gift, donation, given in small coin + pendere to weigh or pay
    out.]
    Settled pay or compensation for services, whether paid daily,
    monthly, or annually.
    
  2. \Sti"pend\, v. t.
    To pay by settled wages. [R.]
    
 
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