verb
- converting a rate, figure, or amount to an annual basis for comparison or analysis
Usage: business; finance
Examples
- The company is annualizing the quarterly sales data to project yearly revenue.
- By annualizing the monthly interest rate, investors can better compare different investment options.
- The accountant spent the morning annualizing the expense reports from each department.
- Annualizing the part-time employee’s wages helps determine the full-time equivalent cost.
- The financial analyst is annualizing the growth rate to present it to the board.
- When annualizing seasonal business income, you must account for fluctuations throughout the year.