Meaning of year's purchase | Babel Free
Definitions
The amount 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 computing the amount to be paid for annuities, etc.
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.