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English definition of “yearly”

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yearly

adjective [before noun]
 
 
/jɪəli/
every year, or once every year: yearly loss/profit/salesyearly accounts/adjustments/progress It also called for a yearly adjustment, based on inflation. We have been over budget on a yearly basis.a yearly amount/budget/rate The department has a yearly budget of more than $18.1 million.a yearly increase/peak Limit the maximum yearly increase of the tax to 1 cent.
calculated, paid, or able to be used for a period of one year: Cap figures are the yearly average of the total value of the contract.yearly bonus/cost/interset They pay a guaranteed 5.15% yearly interest.a yearly income/revenue/salary Most lenders are prepared to offer a loan around three times your yearly income. →  Compare half-yearly
(Definition of yearly adjective from the Cambridge Business English Dictionary © Cambridge University Press)
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