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Merriam-Webster's Word of the Day for April 15, 2017 is:
pittance \PIT-unss\ noun
: a small portion, amount, or allowance; also : a meager wage or remuneration
Examples:
"… chances are good that any snow that might fall in coming days could be like the pittance of flakes that fell Thursday—and then almost immediately melted." — Neil Johnson, The Janesville (Wisconsin) Gazette, 11 Mar. 2017
"It's a setup worthy of Sherlock Holmes: a museum acquires a work of art for a pittance, not quite realizing what it has on its hands, only to discover, quite casually, that the piece in question is a long-lost work by a canonical artist." — Kirkus Reviews, 24 Feb. 2017
Did you know?
It's a pity when you haven't anything but a pittance. And in fact, pity and pittance share etymological roots. The Middle English word pittance came from Anglo-French pitance, meaning "pity" or "piety." Originally, a pittance was a gift or bequest to a religious community, or a small charitable gift. Ultimately, the word comes from the Latin pietas, meaning "piety" or "compassion." Our words pity and piety come from pietas as well.
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