fiscal year

American  

noun

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

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fiscal year British  

noun

1. any annual period at the end of which a firm's accounts are made up

2. the annual period ending April 5, over which Budget estimates are made by the British Government and which functions as the income-tax year

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fiscal year Cultural  

1. 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.

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Etymology

Origin of fiscal year

An Americanism dating back to 1835–45

Example Sentences

Nomura now sees better prospects for Kioxia’s sales and profit growth through fiscal year ending March 2029, and raises the stock’s target price to 115,000 yen from Y68,000 with an unchanged buy rating.

From The Wall Street Journal • Jun. 10, 2026

Riley was paid more than $11.8 million in total compensation during the fiscal year 2024, according to USC’s latest federal tax returns, which were obtained by The Times.

From Los Angeles Times • Jun. 9, 2026

In the last fiscal year to March, bear sightings nationwide topped 50,000, more than double the previous record set two years earlier, according to official data.

From Barron's • Jun. 5, 2026

Meanwhile, the IRS recommended corporations pay almost $12 billion extra in the 2025 fiscal year.

From MarketWatch • Jun. 5, 2026

Report for the fiscal year ending June 30, 1891.

From United States Government Publications, v. 8 Jan-Jun 1892 A Monthly Catalog by Compiled

Related Words

• calendar year
• financial year