financial year
Britishnoun
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any annual period at the end of which a firm's accounts are made up
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the annual period ending April 5, over which Budget estimates are made by the British Government and which functions as the income-tax year
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
On Thursday, Communities Minister Gordon Lyons said the extra funding would be spread over four financial years, adding: "We're already experiencing pressures this year of hundreds of millions of pounds."
From BBC
The UK government's decision to scrap the cap is expected to save the Scottish government about £155m in the next financial year.
From BBC
The company will start construction in the 2027-28 financial year on a second chip plant in the northern island of Hokkaido, Nikkei Asia and the Hokkaido Shimbun daily reported late Tuesday.
From Barron's
He said this was partly due to the fact that the financial year was nearing its end as well as the overall challenges in the party's finances.
From BBC
It was revealed in February that services provided by Northern Ireland Executive departments faced cuts of at least £500m in cash terms in the new financial year.
From BBC
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.