RECORD YEAR Meaning and
Definition
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"Record year" refers to a period of time, usually spanning twelve months, in which an entity or organization achieves its highest level of success, productivity, or accomplishment in a particular aspect of its operations. This term is commonly used in business, finance, sports, and other fields to highlight exceptional performance over a specific timeframe.
In a business context, a record year typically pertains to the attainment of unprecedented levels of sales, revenue, profit, or market share. It represents significant growth and surpassing previous benchmarks, signifying the successful execution of strategies, efficient utilization of resources, or outstanding performance in the market. A record year indicates that the company has outperformed its own past achievements as well as those of competitors, setting new records for success.
In sports, a record year denotes a remarkable period during which athletes or sports teams achieve unprecedented victories, break longstanding records, or set new bests. This could include the highest number of wins, the most points scored, the fastest time achieved, or any other achievement that surpasses all previous performances.
Moreover, in finance and investment, a record year may refer to when a portfolio, investment fund, or market index experiences exceptional gains, higher returns, or outperforms market expectations. It signifies outstanding performance within the financial sector and can positively impact investor confidence.
Overall, a record year captures a period of extraordinary achievement or accomplishment that surpasses previous standards or expectations, highlighting outstanding success and often serving as a benchmark for future comparisons and aspirations.
Common Misspellings for RECORD YEAR
- eecord year
- decord year
- fecord year
- tecord year
- 5ecord year
- 4ecord year
- rwcord year
- rscord year
- rdcord year
- rrcord year
- r4cord year
- r3cord year
- rexord year
- revord year
- reford year
- redord year
- recird year
- reckrd year
- reclrd year
- recprd year
Etymology of RECORD YEAR
The term "record year" is not necessarily a distinct word with an independent etymology. Instead, it is a combination of two separate words: "record" and "year". Here is the etymology of each word:
1. Record: The word "record" originates from the Old French word "recorde", which means "testimony" or "document". It entered the English language in the late 14th century and initially referred to a legal or official document that served as evidence or proof. Over time, its meaning expanded to include an account of past events or achievements.
2. Year: The word "year" comes from the Old English word "gear", which evolved from the Proto-Germanic word "jǣran" or "jǣram". Its ultimate origin is uncertain, but it is believed to be related to the Proto-Indo-European root "*yer-", meaning "year" or "season".
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