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mul·ti·year | \ ˌməl-tē-ˈyir 
, -ˌtī- \
, -ˌtī- \variants:
or multi-year
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
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The first known use of multiyear was in 1921
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