fiscal year


noun

any yearly period without regard to the calendar year, at the end of which a firm, government, etc., determines its financial condition.

Origin of fiscal year

An Americanism dating back to 1835–45

Example sentences from the Web for fiscal year

British Dictionary definitions for fiscal year

fiscal year

noun US and Canadian

any annual period at the end of which a firm's accounts are made up
the annual period ending April 5, over which Budget estimates are made by the British Government and which functions as the income-tax year
Also called (in Britain and certain other countries): financial year

Cultural definitions for fiscal year

fiscal year

A twelve-month period for which an organization, such as a government or corporation, plans the use of its funds. Commonly, fiscal years run from July 1 to June 30, or, in the case of the U.S. government, from October 1 to September 30.