• Refers to a recurring process. Often data are deseasonalized to smooth out spikes and provide a better basis for analytical purposes. Examples of this would be sales of heating oil, gasoline, retail employment statistics, and other economic and financial time series.

 Embedded terms in definition
 Referenced Terms
 Aggressive funding strategy: A funding strategy under which the firm finances its Seasonal needs, and possibly some of its permanent needs, with short-term debt and its permanent needs with long-term debt.

 Conservative funding strategy: A funding strategy under which the firm finances both its Seasonal and its permanent requirements with long-term debt.

 Seasonal balances: Seasonal Balances refer to revolvers that must be off the books (paid off completely) for a stated time period during the year.

 Related Terms
 Seasonal balances
Seasonal funding requirement

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