Dictionary of Business Terms: annual basis
annual basis
statistical technique whereby figures covering a period of less than a year are extended to cover a 12-month period. The procedure, called annualizing, must take seasonal variations (if any) into account to be accurate.
Dictionary of Finance and Investment Terms: annual basis
annual basis
statistical technique whereby figures covering a period of less than a year are extended to cover a 12-month period. The procedure, called annualizing, must take seasonal variations (if any) into account to be accurate.
