"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
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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)