Seasonality

[see-zuh-NAL-i-tee]

What is the definition of Seasonality?

Variations in business or economic activity that recur with regularity due to factors such as changes in climate, holidays, and vacations.

Using Seasonality in an Example

In the retail industry, seasonality is evident as sales increase significantly during the holiday season starting from Black Friday through to the New Year as consumers increase their purchasing.

Using Seasonality in a sentence

Our quarterly financial planning must account for seasonality to manage cash flow effectively during the off-peak and peak seasons.

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