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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
/ ˈænjʊəˌlaɪz /
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
Word History and Origins
Origin of annualize1
Example Sentences
Now that the economy has returned to its previous level and resumed more normal patterns, The Post will return to reporting the official, annualized numbers.
That works out to an annualized increase of about 15 percent.
We knew that it had an annualized run rate of around $200 million in 2018, $250 million in 2019 and around $300 million in the first half of 2020.
Since the start of 2019, its revenues have doubled to an annualized run rate of $900 million.
On average, economists thought real GDP in the second quarter of 2020 — which ended June 30, with an advance GDP estimate set to be released later this month — declined by an annualized rate of 27 percent compared with the first quarter.
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