financial year
Britishnoun
-
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
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.
A supplementary budget is usually published by the Welsh government in the summer to reflect any changes to its financial position mid-way through a financial year.
From BBC • Jun. 14, 2026
West Ham lost £104.2m in the financial year to 31 May, 2025 and are heading for another substantial deficit this year.
From BBC • Jun. 13, 2026
Clayman said £2.8m had been received from the Home Office, but this was £16.5m short of what was needed for this financial year to boost the number of detectives.
From BBC • May 26, 2026
Ubisoft chief executive Yves Guillemot warned that its full 2026-27 financial year would be "a low point" but that he expects a rebound beginning the following year as new titles are released.
From Barron's • May 21, 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.