19. Pay, wage or wages, salary, stipend are terms for amounts of money or equivalent benefits, usually given at a regular rate or at regular intervals, in return for services. Pay is the general term: His pay went up every year. Wage usually designates the pay given at an hourly, daily, or weekly rate, often for manual or semiskilled work; wages usually means the cumulative amount paid at regular intervals for such work: an hourly wage; weekly wages. Salary designates a fixed, periodic payment for regular work or services, usually computed on a monthly or yearly basis: an annual salary paid in twelve equal monthly installments. Stipend designates a periodic payment, either as a professional salary or, more commonly, as a salary in return for special services or as a grant in support of creative or scholarly work: an annual stipend for work as a consultant; a stipend to cover living expenses.

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