What is the definition of Year's purchase? | Dictionary.net

YEAR'S PURCHASE

\jˈi͡əz pˈɜːt͡ʃɪs], \jˈi‍əz pˈɜːt‍ʃɪs], \j_ˈiə_z p_ˈɜː_tʃ_ɪ_s]\

Definitions of YEAR'S PURCHASE

2010 - New Age Dictionary Database
1913 - Webster's Revised Unabridged Dictionary

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The amount that is 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 reckoning the amount to be paid for annuities, etc.

2010 - New Age Dictionary Database
By Oddity Software

The amount that is 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 reckoning the amount to be paid for annuities, etc.

1913 - Webster's Revised Unabridged Dictionary
By Noah Webster.

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