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.
In May, it approved its 2026-27 budget, projecting record revenue of €161m, after closing the previous financial year in profit for the 13th consecutive year.
From BBC • Jun. 7, 2026
For example, higher or additional rate taxpayers have to pay 24% on gains in the current financial year.
From BBC • May 21, 2026
Ubisoft had no major releases during the 2025-26 financial year apart from strategy game "Anno 117: Pax Romana".
From Barron's • May 20, 2026
Qatar Airways Group’s net profit fell 9.9% to $1.94 billion for the financial year through March 31, as war disrupted air traffic.
From The Wall Street Journal • May 20, 2026
He raised the income tax from 1 to 2½ per cent. during the second half of the financial year, and enhanced the salt duty in Madras and Bombay.
From The Earl of Mayo Rulers of India by Hunter, William Wilson
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.
