carpe diem

[kahr-pe dee-em; English kahr-pee dahy-uhm, kahr-pey dee-uhm]
Latin. seize the day; enjoy the present, as opposed to placing all hope in the future.
Dictionary.com Unabridged

Ngo Dinh Diem

[ngoh deen dyem, dzyem, noh deen]
noun
1901–1963, South Vietnamese statesman: president of the Republic of South Vietnam 1956–63.

per diem

[per dee-uhm, dahy-uhm]
noun
1.
by the day; for each day.
2.
a daily allowance, usually for living expenses while traveling in connection with one's work or being employed at a distance from one's home: a per diem for lawmakers while the legislature is in session.
3.
paid by the day.

Origin:
1510–20; < Latin

per annum, per capita, per diem.
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Based on the Random House Dictionary, © Random House, Inc. 2014.
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Collins
World English Dictionary
carpe diem (ˈkɑːpɪ ˈdiːɛm)
 
enjoy the pleasures of the moment, without concern for the future
 
[literally: seize the day!]

per diem (ˈpɜː ˈdaɪɛm, ˈdiːɛm)
 
adv
1.  every day or by the day
 
n
2.  a.  an allowance for daily expenses, usually those incurred while working
 b.  (as modifier): a per-diem allowance
 
[from Latin]

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Etymonline
Word Origin & History

carpe diem
1817, from L., "enjoy the day," lit. "pluck the day (while it is ripe)," an aphorism from Horace ("Odes" I.xi), from PIE *kerp- "to gather, pluck, harvest."

per diem
1520, from L., lit. "by the day," from per (see per) + diem, acc. sing. of dies "day" (see diurnal).
Online Etymology Dictionary, © 2010 Douglas Harper
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American Heritage
Cultural Dictionary
Carpe diem [(kahr-pe dee-em, deye-em)]

Latin for “Seize the day”: take full advantage of present opportunities. This sentiment is found not only in classical literature but in much of English literature as well (seeGather ye rosebuds while ye mayandHad we but world enough, and time, / This coyness, Lady, were no crime.”)

per diem [(puhr dee-uhm, deye-uhm)]

A Latin phrase meaning “by the day.” Traveling sales reps or government workers often are paid a per diem, meaning an allowance out of which to cover daily expenses while traveling.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Example sentences
For students from developed countries, funding is normally limited to per diem expenses.
Yet cheap per diem rates do not guarantee an influx of business travellers.
To improve the current per diem process and to provide advice on best practices for a federal lodging program.
Federal travelers can now access federal per diem rates on lodging, meal and incidental expenses using their mobile phone.
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