Based on the Random House Dictionary, © Random House, Inc. 2009.
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Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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per capita [(puhr kap-i-tuh)]
A Latin phrase literally meaning “by heads,” and translated as “for each person.” It is a common unit for expressing data in statistics. A country's per capita personal income, for example, is the average personal income per person.
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Per Capita
A Latin term that translates into "by head," basically meaning "average per person."
Investopedia Commentary
Often the term is used to express a country or region's income level. For example, consider a fictional region that has a collective income of $1 000 000 and 20 residents. The per capita income, or average income per person, is $50 000.
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See also: Economics, Income, Mean, Standard Deviation
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Main Entry: per cap·i·ta
Pronunciation: p&r-'ka-p&-t&
Function: adv or adj
Etymology: Medieval Latin, by heads
1 : equally to each individual
NOTE: Per capita distribution of an estate provides each descendant with an equal share of the estate's assets regardless of the degree of his or her kinship. Children, grandchildren, great-grandchildren, etc., all receive equal shares.
2 : per unit of population : by or for each individual per capita tax burden>
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