Definition of «annual basis»

The term "on an annual basis" refers to something that is done or calculated once a year. It can be used in various contexts, such as describing financial reports, performance evaluations, or other types of data that are collected and analyzed annually. The phrase emphasizes the regularity with which this activity occurs - it's an annual event or routine.

Sentences with «annual basis»

  • It's best to do this on a quarterly and annual basis for as many years as you have available (monthly numbers can be unpredictable because of short - term financial swings). (lawfirmsuites.com)
  • • Prepared financial reports on a quarterly, monthly and annual basis as necessary for management team. (resume-now.com)
  • Training for regulators is most effective when it is offered on a regular, annual basis with adjustment to the training program each year depending on need. (fieldlaw.com)
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