Pricing & commercial packaging · Core
Annual contract
Also called: annual term
ELI5
A customer agreement with a one-year committed term.
Used in conversation
“Counsel wants annual contract clarified before anyone signs.”
Pitch context
You will see “Annual contract” in go-to-market plans, sales forecasts, account reviews and commercial proposals when the discussion reaches pricing & commercial packaging.
Why it matters: It helps a reader interpret pricing & commercial packaging without confusing the measure, decision, role or evidence being discussed.
Sources & evidence · 2
Supporting source families. This entry is an editorial synthesis rather than a quotation from one canonical glossary.
- U.S. Small Business Administration — Write your business planSupporting source family · primary · checked 2026-08-16
- IFRS Foundation — IFRS GlossarySupporting source family · primary · checked 2026-08-16