Definition of multiyear
: involving, effective for, or taking place over more than one year
- a multiyear period
- a multiyear project/study
- … some key global bond yields have climbed to multi-year highs in the last few days.
- —Evelyn Cheng
- … as the team's franchise player, he was offered a one-year, $4.25 million contract, but he wants a multiyear deal …
- —Peter King
