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annualize
[ an-yoo-uh-lahyz ]
verb (used with object)
, an·nu·al·ized, an·nu·al·iz·ing.
- to calculate for or as for an entire year:
Investors earned an annualized rate of seven percent paid quarterly.
verb (used without object)
, an·nu·al·ized, an·nu·al·iz·ing.
- 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
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Word History and Origins
Origin of annualize1
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