Stipend
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A Stipend is a periodic cash payment to a person that is unconditional.
- Example(s):
- Counter-Example(s):
- See: Intern, Apprenticeship, Wage.
References
2014
- (Wikipedia, 2014) ⇒ http://en.wikipedia.org/wiki/stipend Retrieved:2014-7-15.
- A stipend is a form of salary, such as for an internship or apprenticeship. It is often distinct from a wage or a salary because it does not necessarily represent payment for work performed; instead it represents a payment that enables somebody to be exempt partly or wholly from waged or salaried employment in order to undertake a role that is normally unpaid (e.g. a magistrate in England) or voluntary, or which cannot be measured in terms of a task (e.g. members of the clergy).
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. Universities usually refer to money paid to graduate students as a stipend, rather than as wages, to reflect complementary benefits.
- A stipend is a form of salary, such as for an internship or apprenticeship. It is often distinct from a wage or a salary because it does not necessarily represent payment for work performed; instead it represents a payment that enables somebody to be exempt partly or wholly from waged or salaried employment in order to undertake a role that is normally unpaid (e.g. a magistrate in England) or voluntary, or which cannot be measured in terms of a task (e.g. members of the clergy).
1929
- (Woolf, 1929) ⇒ Virginia Woolf. (1929). “A Room of One's Own." ISBN:1614272778
- QUOTE: ... A solicitor's letter fell into the post-box and when I opened it I found that she had left me five hundred pounds a year for ever. ...