STIPEND

Definition of STIPEND

STIPEND Noun

Stipend is a noun that refers to a fixed, regular payment made to an individual, typically to support them during a period of study, research, or work. It is often provided to cover living expenses or as compensation for services rendered.

Regular Payment: Stipend denotes a consistent financial payment, usually provided at regular intervals, to support someone. For example, “The graduate student received a monthly stipend to cover living expenses during their research,” illustrates how stipends function as financial support.

Educational Support: Stipends are often awarded to students or researchers to help cover their costs while pursuing their studies or conducting research. For instance, “The fellowship program offers a stipend to support students during their academic studies,” highlights its use in education.

Research Funding: In research contexts, a stipend may be provided to researchers or interns to assist with their work. For example, “The research institute provided a stipend to interns for their contributions to ongoing projects,” shows how stipends are used to support research activities.

Professional Compensation: Stipends can also be given as part of compensation for certain roles, particularly in positions that involve additional responsibilities or require special expertise. For instance, “The organization offered a stipend to cover travel expenses for the consultant,” indicates its role in professional settings.

Additional Compensation: A stipend may be provided in addition to a salary or wage, often to cover specific costs associated with the job. For example, “Employees received a stipend for working in remote locations,” reflects its use as supplementary compensation.

Administrative Support: Stipends may be used to provide financial support for administrative or managerial roles within organizations. For instance, “The board members received a stipend for their time and efforts,” shows how stipends can be used to compensate for administrative duties.

Financial Planning: Organizations may include stipends in their financial planning to ensure proper allocation of funds for supporting individuals. For example, “The budget includes stipends for interns and part-time staff,” demonstrates how stipends are integrated into organizational budgets.

Regulatory Compliance: Stipends may be subject to regulations and guidelines, particularly in terms of taxation and eligibility. For example, “Stipends are often subject to tax regulations depending on the recipient’s status,” highlights the legal considerations associated with stipends.

Contractual Agreements: Stipends are typically outlined in contractual agreements between parties. For instance, “The terms of the stipend were detailed in the contractual agreement with the recipient,” shows how stipends are formalized in agreements.

In summary, a stipend is a regular, fixed payment provided to support individuals during study, research, or work. It encompasses various contexts, including educational support, professional compensation, administrative roles, and legal considerations, highlighting its role in financial assistance and compensation. Understanding stipend helps in recognizing its function and application across different settings.

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Examples of STIPEND in a sentence

• The university offers a generous stipend to students who assist with research projects.
• He was grateful for the stipend that allowed him to focus on his studies without financial stress.
• The intern received a modest stipend to cover living expenses during the summer program.
• The fellowship provided a monthly stipend to support his work on the academic paper.
• She used her stipend from the scholarship to purchase books and other study materials.
• The organization awarded a stipend to cover the costs of attending the conference.
• His stipend was adjusted annually to account for inflation and increased living costs.
• The stipend from the grant helped fund his travel for field research.

Origin of STIPEND

The word stipend has its origins in Latin, evolving through various stages to describe a fixed regular payment, typically for services or as a form of support.

• Latin:
  • Stipendia (pay, salary)
  • The Latin term stipendia refers to payment or salary. It comes from stipendium, which means a regular payment or wage, typically given for military or other services. This term combines stipendiare (to pay) and pendere (to weigh or pay out), reflecting the idea of a fixed payment.
• Middle English:
  • Stipend (a fixed regular payment)
  • In Middle English, stipend referred to a fixed regular payment or salary. It evolved from the Latin stipendium to denote a specific type of payment, often related to services or support.
• Modern English:
  • Stipend (a fixed regular payment, often for services or support)
  • In Modern English, stipend refers to a fixed and regular payment made for services, support, or as a form of allowance. It is often used in academic or clerical contexts to describe periodic payments made to individuals, such as scholars or clergy.

The term stipend has evolved from its Latin roots, retaining its core meaning related to regular payments or salaries into Modern English.

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