A stipend is a fixed sum of money paid regularly as a salary or allowance to cover living expenses, given to a trainee or apprentice or to someone undertaking research.
allowance, salary, wage, grant, compensation, emolument, payment, subsidy, remuneration, pay, earnings
Debt, Penalty, Fine, Liability, Cost
|Part of Speech||Words|
|Noun||stipendiary, stipend, stipends, stipendiaries|
Many of the students survived on the meager stipend that the university provided.
The company decided to increase the stipend for its interns, hoping to attract better candidates.
She was offered a stipend of $1000 per month to work as a research assistant during the summer.
According to his contract, he was entitled to a stipend of $3000 for his work on the project.
Stipend is a noun that refers to a fixed amount of money paid regularly, typically as a salary or allowance. It is commonly used to refer to the amount of money given to trainees, apprentices, or researchers to cover their living expenses.
The word stipend can be traced back to the Latin word ‘stipendium,’ which was a payment made to soldiers in ancient Rome. The word ‘stipend’ was first used in English in the mid-16th century, and it has been used since then to refer to a fixed amount of money paid regularly.
The prefix ‘stip-’ in stipend comes from the Latin ‘stipare’ meaning ’to pack together.’ This gives an idea of a fixed or packed amount. A suffix ‘-end’ is added, which indicates a state of aptness or purpose thereby indicating that the payment is suited to meet the purpose it is intended for.
Stipends are typically used to support students or scholars engaged in research, or to pay apprentices or trainees who are gaining hands-on experience in a field. These stipends are used to pay for basic living expenses, such as housing, food, and transportation, so that the recipients can focus on their studies or training without worrying about financial matters. Stipends are also given to volunteers and interns who work for organizations or companies.
Overall, stipend is a word that refers to a fixed payment made to people for a specific purpose. It could indicate payment for any activity that has its aims or intended uses. Finally, the word stipend is versatile and can be used in many different settings, from academia to the nonprofit sector, and beyond.