Hair on the scalp grows about half a millimeter a day - about 6 inches per year. Unlike other mammals, hair growth and loss is random and not seasonal or cyclical. Hairs are in various stages of growth and shedding at any given time. There are three stages of hair growth: catagen, anagen and telogen.
DEFINITION of 'Annual Basis'. The return earned by an investment over the course of a year. Projections containing the phrase on an annual basis have usually used less than a year's worth of data to project a full year's worth of returns. For example, an investment might have returned 1.5% in one month. By multiplying this return by 12, an 18% annual basis is the result.
What is 'Basis'. The term basis has many meanings in finance. One definition is that basis is the variation between the spot price of a deliverable commodity and the relative price of the futures contract for the same actual that has the shortest duration until maturity. Another form of basis refers to the cost of a purchased security used to calculate taxes owed.