23 May 2014

stipend

[stahy-pend]

noun

1. a periodic payment, especially a scholarship or fellowship allowance granted to a student.
2. fixed or regular pay; salary.

Origin:
1400–50; late Middle English stipendie < Latin stīpendium soldier’s pay, syncopated variant of *stipipendium, equivalent to stipi-, combining form of stips a coin + pend ( ere ) to weigh out, pay (see pend) + -ium -ium

Related forms
sti·pend·less, adjective

Synonyms
1, 2. See pay

Anagram

pits end

Today’s aphorism

Happiness lies in the joy of achievement and the thrill of creative effort.

– Franklin D. Roosevelt

On this day

23 May 1568 – the Netherlands declare independence from Spain.

23 May 1934 – notorious bank robbers, Bonny Parker and Clyde Barrow, are killed in a shoot-out with police in Black Lake, Louisiana. Bonny and Clyde have been immortalised in songs and movies.

23 May 1944 – birth of John Newcombe, Australian tennis player.