Definition of annualise:
°To express (a quantity such as an interest rate, profit, expenditure etc.) as if it applied or were measured over one year.
"To annualise net profit, divide the year-to-date net profit by the number of completed months, and multiply by twelve."
Definition of annualise:
°To express (a quantity such as an interest rate, profit, expenditure etc.) as if it applied or were measured over one year.
"To annualise net profit, divide the year-to-date net profit by the number of completed months, and multiply by twelve."