adjective(also year-on-year, also year on year)ACCOUNTING, FINANCE
Definition
›used to compare financial results with those of the same period in the previous year: Earnings per share are up 10% year over year.First Active reports more than 100% year-on-year growth in salesProfits were down 11% on a year-over-year basis.year-over-year comparisons/declines/increases
year-over-yearadverb›This is the 12th straight month in which monthly sales have declined, year-over-year.