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definitions

financial year

noun British
  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
US and Canadian equivalent: fiscal year
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012