Unannualized

Unannualized refers to a rate of return or other measure for a period other than one year, whether it be a week, month, quarter or several years. When the returns on a particular investment are converted to reflect the rate on an annual basis, it is referred to as the annualized return.

When comparing the results of different companies, it is sometimes difficult to use unannualized rates because of the different time periods.

To make them more comparable, one can annualize these returns — though annualized rates are only projections for the returns the company or investment might yield if it continued on its current path. So, annualized returns are estimates and unannualized returns are real numbers.