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YTD (Year till Date)

Meaning

YTD, or Year till Date, refers to the time period from the beginning of the year  up to today.

Example :

For example, if today is August 1st, YTD means the data collected from January  1st to August 1st.


How to Understand : 

YTD illustrates how things have performed during the current year so far.


Importance :

1. It is commonly used in finance to track earnings, expenses, or returns.
2. YTD allows individuals and businesses to compare their progress against yearly goals.
3. It is helpful for reviewing the performance of investments over the year.
4. YTD data helps businesses identify trends and patterns for the current year.

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