year's purchase

See also: years' purchase

English

year's purchase (plural years' purchase)

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.

单词	year's purchase
释义	year's purchase See also: years' purchase English Noun year's purchase (plural years' purchase) 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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