Definition: The recurring yearly date associated with an event, agreement, or policy.
Example
An insurance policy beginning July 1 reaches its first anniversary the following July 1.
Keep the distinction clear
An anniversary does not automatically determine renewal or expiration. Read the policy or contract; Florida license renewal follows its assigned renewal cycle.
Related terms
Biennium (Biennial) · License · Hazard Insurance
Keep studying
FREC Course I Syllabus: What to Study for the Sales Associate State Exam
References: Florida Statutes 475.182: license renewal · California DRE: real estate glossary
Pronunciation (US): an-uh-VUR-suh-ree DAYT (capitals show stress)
Pronunciation reference: Merriam-Webster
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