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annual ring
annualize
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annuity in arrears
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annual debt service
an·nu·al debt ser·vice


noun 
Definition:
 
total paid on loan per year: the total amount paid out in interest payments and repayment of the principal for a loan in the course of one whole year
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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