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Taxonomy vs Annualise - What's the difference?

taxonomy | annualise |

As a noun taxonomy

is the science or the technique used to make a classification.

As a verb annualise is

to express (a quantity such as an interest rate, profit, expenditure etc) as if it applied or were measured over one year.

taxonomy

Noun

(taxonomies)
  • The science or the technique used to make a classification.
  • A classification; especially , a classification in a hierarchical system.
  • (taxonomy, uncountable) The science of finding, describing, classifying and naming organisms.
  • Synonyms

    * alpha taxonomy

    Derived terms

    * folk taxonomy * scientific taxonomy

    See also

    * classification * rank * taxon * domain * kingdom * subkingdom * superphylum * phylum * subphylum * class * subclass * infraclass * superorder * order * suborder * infraorder * parvorder * superfamily * family * subfamily * genus * species * subspecies * superregnum * regnum * subregnum * superphylum * phylum * subphylum * classis * subclassis * infraclassis * superordo * ordo * subordo * infraordo * taxon * superfamilia * familia * subfamilia * ontology

    annualise

    English

    Alternative forms

    * annualize (North American and Oxford British spelling)

    Verb

    (non-Oxford British spelling)
  • To express (a quantity such as an interest rate, profit, expenditure etc.) as if it applied or were measured over one year.
  • To annualise net profit, divide the year-to-date net profit by the number of completed months, and multiply by twelve.