Business Dictionary :
Announce, Announcement, Annual and Annualized
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Announce : verb : to tell something to the public
• To announce the results for 1984
• To announce a programme of investment
Announcement : noun : telling something in public
• Announcement of a cutback in expenditure
• Announcement of the appointment of a new managing director
• The managing director made an announcement to the staff
Annual : adjective : for one year
• Annual statement of income
• He has six weeks' annual leave.
• The annual accounts
• Annual growth of 5%
• Annual report = report of a company's financial situation at the end of a year sent to all the shareholders
• On an annual basis = each year
• The figures are revised on an annual basis.
Annual General Meeting : noun : meeting of all the shareholders when the company's financial situation is discussed with the directors
Annualized : adjective : shown on an annual basis
Annualized Percentage Rate = rate of interest (such as on a hire purchase agreement) shown on an annual compound basis
Annually : adverb : each year
• The figures are updated annually.
QUOTE : Real wages have risen at an annual rate of only 1% in the last two years.(Sunday Times)
QUOTE : The remuneration package will include an attractive salary, profit sharing and a company car together with four weeks annual holiday. (Times)
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