Single-year
Referring to a period of one year in length; pertaining to or valid for a span of twelve consecutive months. This term is often used in contexts involving data analysis, financial reporting, or the observation of events within a specific annual cycle. It emphasizes a discrete timeframe, highlighting changes, trends, or performance measured during that singular year. Its application contrasts with multi-year analyses or longer-term assessments, pinpointing the activity of one annual period.
Single-year meaning with examples
- The company's single-year profit margin of 15% was impressive, signaling strong financial performance. This was a substantial improvement, a feat of good management that stood alone in the prior set of data to compare and analyze. This isolated measurement allowed comparison.
- The researchers conducted a single-year study on migratory patterns, observing changes in bird populations over the course of one year. They collected their information and data with diligence, which was well documented. Their data was useful for further research of migration patterns.
- The contract specified a single-year term, meaning it would automatically renew after twelve months. This period allowed each party time to evaluate the success of the deal, as well as have an opt out clause. The option for renewal kept both parties happy.
- The government's single-year budget allocation for infrastructure development amounted to $500 million. This was a large amount of funds allocated and distributed. These funds were expected to produce measurable results, and progress was to be observed.
- Analysts assessed the single-year impact of the new tax law, noting both positive and negative economic consequences. Their conclusions gave the company guidance on how to proceed in the future in preparation.