year's purchase

noun

The amount yielded by the annual income of property; used in expressing the value of a thing in the number of years required for its income to yield its purchase price, in computing the amount to be paid for annuities, etc.

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Meanings

nounyear's purchase (plural years' purchase)

plural years' purchase

  1. The amount yielded by the annual income of property; used in expressing the value of a thing in the number of years required for its income to yield its purchase price, in computing the amount to be paid for annuities, etc.
Cite this entry
APA

year's purchase. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/year's%20purchase

MLA

“year's purchase.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/year's%20purchase. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “year's purchase,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/year's%20purchase.

Source: year's purchase on Wiktionary, CC BY-SA 4.0.