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annums

Annum is a noun in English borrowed from the Latin annus, meaning "year." It refers to a one-year period or to the concept of a year used as a unit of time. In formal writing, especially financial, legal, and scientific contexts, annums or the phrase per annum may appear to denote annual rates or durations. The plural form annums exists in English but is uncommon; in most contexts, writers prefer "years" or, in rate expressions, keep per annum without pluralizing.

Per annum is a fixed Latin-derived expression used to indicate a rate or amount for one year.

Etymology and related terms: annnum comes from Latin annus, the source of many related English forms. The

Overall, annums is a scholarly or formal way to denote a year or annual quantities, but in

For
example,
interest
might
be
described
as
5%
per
annum,
or
a
salary
stated
as
a
certain
amount
per
annum.
In
contractual
or
financial
documents,
annums
may
appear
in
more
formal
or
archaic
phrases,
though
many
writers
modernize
to
"per
year"
or
"annually"
for
clarity.
adjective
annual
denotes
something
happening
once
a
year,
and
annually
is
the
corresponding
adverb.
In
scientific
and
astronomical
usage,
annums
is
sometimes
used
to
refer
to
a
year
as
a
unit,
for
instance
when
comparing
durations
such
as
sidereal
or
tropical
years.
everyday
language,
"year,"
"annual,"
or
"per
year"
are
more
common.