a document reporting to stockholders on management and operations and containing fiscal information, published yearly by a publicly held corporation as required by federal law.
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British Dictionary definitions for annual report
a report presented by the directors of a company to its shareholders each year, containing the profit-and-loss account, the balance sheet, and details of the past year's activity
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012