STIPEND
Stipend
A stipend is a form of salary, such as for an internship or apprenticeship. It is often distinct from a wage or a salary because it does not necessarily represent payment for work performed; instead it represents a payment that enables somebody to be exempt partly or wholly from waged or salaried employment in order to undertake a role that is normally unpaid or voluntary, or which cannot be measured in terms of a task .The above text is a snippet from Wikipedia: Stipend
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stipend
Noun
- 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.
Verb
- To provide (someone) with a stipend.
The above text is a snippet from Wiktionary: stipend
and as such is available under the Creative Commons Attribution/Share-Alike License.