Stipend

Stipend
A predetermined amount of money that is provided periodically to help offset expenses. Stipends are often provided to those who are ineligible to receive a regular salary in exchange for the duties they perform, such as interns. A stipend is generally lower than a salary would be, but the recipient is at the same time able to gain experience and knowledge in a specific field.

A stipend allows an individual to pursue work that is normally unpaid by helping defray living expenses. Interns, apprentices, fellows and clergy are common recipients of stipends. Rather than being paid for their services, they are provided with stipends to provide financial support while engaged in the service or task. Often, a stipend is accompanied by other benefits, such as higher education and room and board.


Investment dictionary. . 2012.

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  • Stipend — • A fixed pay, salary; retribution for work done; the income of an ecclesiastical living Catholic Encyclopedia. Kevin Knight. 2006. Stipend     Stipend      …   Catholic encyclopedia

  • stipend — sti‧pend [ˈstaɪpend] noun [countable] FINANCE an amount of money paid regularly to someone for their services, or as a small salary: • The holder of this office will receive a small annual stipend. * * * stipend UK US /ˈstaɪpend/ noun [C] FINANCE …   Financial and business terms

  • stipend — [stī′pənd, stīpend΄] n. [ME stipende < L stipendium, tax, impost, tribute, contr. < * stipipendum < stips, small coin or a contribution in small coin (< ?) + pendere, to hang, weigh out, pay: see PENDANT] 1. a regular or fixed payment …   English World dictionary

  • Stipend — 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. [1913 Webster] …   The Collaborative International Dictionary of English

  • Stipend — Sti pend, v. t. To pay by settled wages. [R.] [1913 Webster] …   The Collaborative International Dictionary of English

  • stipend — index alimony, annuity, commission (fee), consideration (recompense), endowment, honorarium, loan …   Law dictionary

  • stipend — early 15c., from L. stipendium tax, pay, gift, from stips alms, small payment + pendere weigh (see PENDANT (Cf. pendant)) …   Etymology dictionary

  • stipend — *wage or wages, salary, fee, emolument, pay, hire Analogous words: remuneration, compensation, recompensing or recompense (see corresponding verbs at PAY) …   New Dictionary of Synonyms

  • stipend — [n] payment for services allowance, award, consideration, emolument, fee, gratuity, hire, pay, pension, salary, take, wage; concept 344 …   New thesaurus

  • stipend — ► NOUN ▪ a fixed regular sum paid as a salary or as expenses to a clergyman, teacher, or public official. ORIGIN Latin stipendium, from stips wages + pendere to pay …   English terms dictionary

  • stipend — n. 1) to receive a stipend 2) to pay a stipend 3) a modest stipend (to live on a modest stipend) * * * [ staɪpend] to pay a stipend to receive a stipend a modest stipend (to live on a modest stipend) …   Combinatory dictionary

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