Define: Annualization

UK Accounting Glossary

Definition: Annualization

Quick Summary of Annualization

Annualization is a tool which is used to predict the annual amount of something using only the data from part of the year.

What is the dictionary definition of Annualization?

Dictionary Definition

A procedure that is used in the USA whereby you multiply the taxable earnings of a month by 12 then divide it by the number of months involved to provide a monthly amount. Annualization as a procedure is specified by the Internal Revenue Code.

Full Definition of Annualization

Annualization FAQ's

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Annualization. Payroll & Accounting Heaven Ltd. July 22, 2019
Chicago Manual of Style (CMS):
Annualization. Payroll & Accounting Heaven Ltd. (accessed: July 22, 2019).
American Psychological Association (APA):
Annualization. Retrieved July 22, 2019, from website:

Definition Sources

Definitions for Annualization are sourced/syndicated from:

  • Oxford Dictionary Of Economics
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 4th February 2019.