AskDefine | Define stipend

Dictionary Definition

stipend n : a sum of money allotted on a regular basis; usually for some specific purpose

User Contributed Dictionary

English

Pronunciation

  • /ˈstaɪpɛnd/, /"staIpEnd/

Noun

  1. a fixed payment, generally small and occurring at regular intervals; a modest allowance
    My stipend for doing public service is barely enough to cover living expenses.

Translations

Extensive Definition

A stipend is a form of payment or salary, such as for an internship or apprenticeship. 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, work experience, food and/ or accommodation. Universities usually refer to money paid to graduate research assistants as a stipend, rather than as wages, to reflect complementary benefits.
Stipends are also utilized by non-profits or organizations working with oppressed or other less-represented groups of people such as youth. These organizations may stipend youth at a high rate to empower them to do work. Stipends to clients are usually higher than the usual hourly rate but last for less than a year. Many non-profits will pay three dollars over the local minimum wage. Often such positions are created from successful grant applications.
In some Catholic circles, a Mass stipend is the payment, which is generally nominal, to a priest for saying a Divine Liturgy or Mass (liturgy). Usually a donation, it ranges at times from $5 in a small parish to $50 for larger parishes or major events. Weddings and funerals typically have much larger donations given, but that is usually at the discretion of the family or individual in question. However, it is immoral to demand payment for a sacrament, and stipends are seen as gifts.
The term also has a specific use in the Church of England, meaning 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).

See also

stipend in Norwegian: Stipend

Synonyms, Antonyms and Related Words

account, aid, alimony, allotment, allowance, annuity, assessment, assistance, award, bill, blackmail, blood money, bounty, compensation, consideration, depletion allowance, dole, earnings, emolument, fee, fellowship, financial assistance, financial support, footing, grant, grant-in-aid, guaranteed annual income, help, hire, hush money, income, initiation fee, mileage, old-age insurance, pay, payment, pecuniary aid, pension, price support, public assistance, public welfare, reckoning, recompense, relief, remittance, remuneration, retainer, retaining fee, retirement benefits, reward, salary, scholarship, scot, subsidization, subsidy, subvention, support, tax benefit, tribute, welfare, welfare aid, welfare payments
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