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TeachMeFinance.com - explain Per historic definition... Per -- By or per annum (by the year or annually) ; per cent (by or in the hundred). When one person writes the name of another person followed by the word per and his own name per means by the writer for or in behalf of the person whose name is first inscribed. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.