annual value
noun [ C, U ]
ukus ACCOUNTING, FINANCE
the amount of income that a company or industry brings in during one year:
The total annual value of the state's oyster production is about $12 million.
PROPERTY, TAX UK (US assured value)
the value of a piece of property used to calculate taxes to be paid on it:
In an action for recovery of land, the particulars must include a full description of the land and the net annual value for rating.