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2 definitions found
 for per annum
From The Collaborative International Dictionary of English v.0.48 :

  Per \Per\, prep. [L. Cf. Far, For-, Pardon, and cf. Par,
     Through; by means of; through the agency of; by; for; for
     each; as, per annum; per capita, by heads, or according to
     individuals; per curiam, by the court; per se, by itself, of
     itself. Per is also sometimes used with English words.
     [1913 Webster]
     Per annum, by the year; in each successive year; annually.
     per cent, Per centum, percent, by the hundred; in the
        hundred; a proportion multiplied by one hundred; -- used
        esp. of proportions of ingredients, rate or amount of
        interest, and the like; most commonly used in the
        shortened form per cent; as, 5 is ten per cent of 50. It
        is commonly symbolized with the per cent sign, "%".
     Per diem, by the day. [For other phrases from the Latin,
        see Quotations, Phrases, etc., from Foreign Languages, in
        the Supplement.]
        [1913 Webster]

From WordNet (r) 3.0 (2006) :

  per annum
      adv 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" [syn: per
             annum, p.a., per year, each year, annually]

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