base year (English, noun)
expansion: base year (plural base years)
Senses:
topics: economics
mathematics
sciences
statistics
glosses: 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.
Forms:
form: base years
tags: plural