annuality

English

Etymology

From annual +‎ -ity.

Noun

annuality (countable and uncountable, plural annualities)

1. The condition of being annual.
2. (economics) The restriction that a budget must be spent by the end of a financial year and cannot be carried over.

Translations

the condition of being annual

• French: annualité (fr) f

budget must be spent by the end of a year

• Finnish: vuotuisuusperiaate