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annualize
[ an-yoo-uh-lahyz ]
verb (used with object)
- to calculate for or as for an entire year:
Investors earned an annualized rate of seven percent paid quarterly.
verb (used without object)
- to be annualized.
annualize
/ ˈæʊəˌɪ /
verb
- tr to convert (a rate of interest) to an annual rate when it is quoted for a period of less than a year
credit card companies are obliged to quote an annualized percentage rate to borrowers
51Թ History and Origins
Origin of annualize1
Example Sentences
The Commerce Department is expected to confirm in another report on Thursday that gross domestic product contracted at a 4.8% annualize rate in the first quarter, the deepest decline in output since the 2007-09 Great Recession.
“But if you were to annualize this over our time together, it’s been cheap.”
The rules for calculating the figures don’t allow companies to annualize most pay figures.
When computing the CEO pay ratio, the Securities and Exchange Commission prohibits companies from adjusting part-time earnings to “annualize” them—to show what these employees would have earned if working full-time.
Companies are allowed, for example, to annualize the pay of a full-time employee who starts midyear.
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