Definition, Meaning & Synonyms
stipend
Noun
/ˈstaɪ.pɛnd/
Definition
A stipend is a fixed regular sum paid as a salary or allowance, often for services or as support.
Examples
- He received a monthly stipend to help cover his living costs during the internship.
- The university offered a stipend for research assistance to students working on their theses.
- Many artists live on a stipend while they create their works.
Meaning
It is commonly given to students, interns, or employees to cover living expenses or as a payment for their work.
Synonyms
- allowance
- salary
- grant
- payment
- compensation
