ANNUALIZE Definition

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ANNUALIZE is a statistical technique whereby figures covering a period of less than one year are extended to cover a 12-month period. The technique, to be accurate, must take seasonal variations into consideration.

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OFFSET ACCOUNT is an account that is setup for elimination of a long or short position by making an opposite transaction.

FACE VALUE is the value printed or written on the face of a asset, e.g. on a bill or bond.

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