"Annual spending" refers to the total amount of money a person, company, or government spends in one year. It represents the sum of all expenses incurred during that time, such as on goods, services, investments, or bills. Full definition
The current transportation funding legislation includes about $ 50 billion in annual spending on road and transit projects. (thehill.com)
A further # 3 billion is set to be achieved every year, a 25 % cut in the government's current annual spending on common goods and services. (politics.co.uk)
The card also offers one of the best annual spending bonuses of any travel rewards card. (rewardexpert.com)