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Where does the term stipend come from?
Coming from the Latin stipendium, which means “tax, pay, or gift,” the noun stipend is defined as a regular, unchanging payment usually given as reward for services, but sometimes given as an allowance with no services or expectations attached.
Is stipend an American word?
stipend | American Dictionary a fixed, regular income that is usually not based on an amount of work done: As a student advisor, she gets a monthly stipend from the college.
What is difference between stipend and salary?
Salary is the compensation given to employees for the services provided by them to the company. Stipend is the amount paid to the trainees, so as to the cover cost of living.
What is the old meaning word of salary?
salarium
Salary comes from the Latin word salarium, which also means “salary” and has the root sal, or “salt.” In ancient Rome, it specifically meant the amount of money allotted to a Roman soldier to buy salt, which was an expensive but essential commodity.
What is another word for stipend?
In this page you can discover 18 synonyms, antonyms, idiomatic expressions, and related words for stipend, like: pay, remuneration, gratuity, pension, allowance, earnings, hire, fee, income, payment and recompense.
What is the meaning of word stipend?
Definition of stipend : a fixed sum of money paid periodically for services or to defray expenses.
Is a stipend taxable in Canada?
While a stipend isn’t a salary, the Canadian government still considers it as taxable income. Money isn’t deducted automatically from stipend cheques to pay for taxes, so people receiving stipends should set aside the amount they need to pay after deductions.
Did Roman soldiers get paid in salt?
Roman soldiers were partly paid in salt. It is said to be from this that we get the word soldier – ‘sal dare’, meaning to give salt. From the same source we get the word salary, ‘salarium’. Salt was a vital commodity to the Roman army and this demand will have been met by establishing military salt works.
When was salary invented?
This sort of barter system was still going around 50 B.C., when Roman soldiers were paid in salt, a highly valued commodity at the time. In fact, the word “salary” comes from the Latin word “salarium,” which means “salt money.” Have you heard the saying about being “worth your salt”?
What is the opposite of a stipend?
▲ Opposite of the money paid to someone for regular work. debt. debts. bill.
What does stipend stand for?
Church stipends. In the Church of England, a stipend refers to the salary of a stipendiary minister, one who receives payment directly from the diocese (as opposed to other forms of disbursement such as free use of a house in return for clerical duties, known as house-for-duty). A self-supporting minister…
What is a stipend in the Church of England?
In the Church of England, a stipend refers to the salary of a stipendiary minister, one who receives payment directly from the diocese (as opposed to other forms of disbursement such as free use of a house in return for clerical duties, known as house-for-duty).
Why is my stipend lower than my salary?
Stipends are usually lower than what would be expected as a permanent salary for similar work. This is because the stipend is complemented by other benefits such as accreditation, instruction, food, and/or accommodation.
Are stipends considered gifts?
It is considered simony to demand payment for a sacrament, and thus, stipends are seen as gifts.