noun
yearly payment; annual payment; paying in yearly instalments
Refers to a payment made once a year or the act of paying annually, often in contexts like insurance premiums, subscriptions, or membership fees.
保険料は年掛けで支払っています。
I pay the insurance premium annually.
このサービスは年掛けの契約です。
This service is an annual contract.
月掛け means monthly payment, while 年掛け is yearly.
年払い also means annual payment, but is more common in modern Japanese; 年掛け is slightly older or more formal.
Compound of 年 (ねん, 'year') and 掛け (かけ, 'installment' or 'payment').