UK Accounting Glossary
Annualization is a tool which is used to predict the annual amount of something using only the data from part of the year.
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.
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This glossary post was last updated: 4th February 2019.