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English definition of “annual”

annual

adjective [before noun]
 
 
/ˈænjuəl/
happening once every year, or relating to a period of one year: annual event/visit/holiday The group hopes to turn the seminar into an annual event.annual income/salary/profit She has an annual income of over €200,000. It is a food and agriculture company with $1 billion or more in annual sales. The rise takes the annual rate of inflation to 1.6%. The Board approved a 7% increase in the annual dividend on the company's common stock, from $1.80 to $1.92 per share.
→ See also biannual, biennial
(Definition of annual from the Cambridge Business English Dictionary © Cambridge University Press)
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