Definition: Seasonal variation

OECD - Data and Metadata Reporting

That part of the variations in a time series representing intra-year fluctuations that are repeated more or less regularly in the same period year after year.
Source:
OECD, 2004, "Some proposals for standard terminology relating to data presentation", paper presented to the OECD Short-term Economic Statistics Working Party (STESWP), 28-30 June 2004, Paris [quoted in Organisation for Economic Co-operation and Development (OECD), "Data and Metadata Reporting and Presentation Handbook", OECD, Paris, 2007]
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