annual value
noun[C, U]
ukusACCOUNTING,FINANCE
theamountofincomethat acompanyorindustrybringsin during oneyear:
Thetotalannualvalueof the state'soysterproductionis about $12 million.
PROPERTY,TAXUK(USassured value)
thevalueof apieceofpropertyused tocalculatetaxesto bepaidon it:
In anactionforrecoveryofland, theparticularsmustincludeafulldescriptionof thelandand thenetannualvalueforrating.