a periodic payment, esp. a scholarship or fellowship allowance granted to a student.
2.
fixed or regular pay; salary.
Origin: 1400–50; late ME stipendie < L stīpendium soldier's pay, syncopated var. of *stipipendium, equiv. to stipi-, comb. form of stips a coin + pend(ere) to weigh out, pay (see pend) + -ium-ium
sti·pend (stī'pěnd', -pənd) n. A fixed and regular payment, such as a salary for services rendered or an allowance.
[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.]