Definitions from Wiktionary (base year)
▸ noun: (statistics, economics) a year chosen for comparison with other years, in statistical analysis and various indices, such as a price index. It usually has an arbitrary value of 100 to make percentage comparisons easier. A new base year can be chosen as the years progress.
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▸ noun: (statistics, economics) a year chosen for comparison with other years, in statistical analysis and various indices, such as a price index. It usually has an arbitrary value of 100 to make percentage comparisons easier. A new base year can be chosen as the years progress.
Similar:
base rate,
basis,
price index,
installed base,
indexation,
year's purchase,
price level,
unit of account,
consumer price index,
year to date,
more...
Opposite:
Phrases:
▸ Words similar to base year
▸ Usage examples for base year
▸ Idioms related to base year
▸ Wikipedia articles (New!)
▸ Words that often appear near base year
▸ Rhymes of base year
▸ Invented words related to base year