To convert a weekly, monthly, or other periodic amount to its annual equivalent by multiplying the amount by the number of periods in a year For example, if a mutual fund earns 1% in a month, its annualized return would be 12% (calculated by multiplying the monthly return by 12)
To make a period of less than a year apply to a full year to facilitate comparative analysis For example, to annualize quarterly results, you multiply them by four This can lead to incorrect assumptions when employed for analyzing companies in industries with strong seasonal or cyclical sales trends
is a statistical technique whereby figures covering a period of less than one year are extended to cover a 12-month period The technique, to be accurate, must take seasonal variations into consideration
{f} calculate or adjust figures for a whole year; guess a value so that it reflects an anticipated or near total for a full year; be annualized (also annualise)