Definition, Meaning & Synonyms
annualize
verb
/ˈæn.ju.ə.laɪz/
Definition
To convert a figure or rate into an annual basis, typically used in financial contexts.
Examples
- The company decided to annualize its quarterly earnings to better showcase financial performance.
- To complete the assessment, we need to annualize the data collected from each month.
- In financial reports, trends are often annualized to predict future performance.
Meaning
Annualizing allows for the comparison of rates and figures over a standard timeframe (one year), providing clarity and consistency in analysis.
Synonyms
- Annualize
- Annual accounting
- Project
- Extend
