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stipend

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A stipend is a sum of money paid at regular intervals. (noun)

An example of a stipend is a small sum of money paid to a graduate teaching assistant by the school to cover living expenses.

See stipend in Webster's New World College Dictionary

noun

a regular or fixed payment for services, as a salary
any periodic payment, as a pension or allowance

See stipend in American Heritage Dictionary 4

sti·pend

noun

A fixed and regular payment, such as a salary for services rendered or an allowance.

Origin: Middle English stipendie, from Old French, from Latin stīpendium, soldier's pay, from *stipipendium : stips, stip-, a small payment + pendere, to weigh, pay; see suspend .

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