annual value Meaning in the Cambridge English Dictionary
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Meaning of “annual value” in the English Dictionary

"annual value" in Business English

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annual valuenoun [C, U]

uk   us  
ACCOUNTING, FINANCE the ​amount of ​income that a ​company or ​industrybrings in during one ​year: The ​totalannualvalue of the state's oyster ​production is about $12 million.
UK (US assured value) PROPERTY, TAX the ​value of a ​piece of ​property used to ​calculatetaxes to be ​paid on it: In an ​action for ​recovery of ​land, the ​particulars must ​include a ​full description of the ​land and the ​netannualvalue for ​rating.
(Definition of annual value from the Cambridge Business English Dictionary © Cambridge University Press)
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