What does AEP stand for flood?

What does AEP stand for flood?

annual exceedance probability annual exceedance probability (AEP) AEP (measured as a percentage) is a term used to describe flood size. It is a means of describing how likely a flood is to occur in a given year. For example, a 1% AEP flood is a flood that has a 1% chance of occurring, or being exceeded, in any one year.

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