An estimated amount of earnings calculated from less than a whole year. Usually income disclosure statements multiply the monthly average by twelve to get the annualized income.
In income disclosure statements this generally overestimates earnings by a lot.
also called: annualized income, average annual income
Annualized income is an estimate of the sum of money that an individual or a business generates over a year’s time. Annualized income is calculated with less than one year’s worth of data, so it is only an approximation of total income for the year.“Annualized Income” Investopia.com