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.
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
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
This means government departments started the financial year in April without being certain how much they have to spend.
From BBC • May 21, 2026
Guillemot added that Ubisoft's 2026-27 financial year would likely be a "low point" in financial performance given "a softer release slate and restructuring costs".
From Barron's • May 20, 2026
Thus, although the apparent expenditure showed a decline of about �650,000 due to the cost of the transferred departments being defrayed by the Commonwealth, the financial year ended with a deficit of �431,940.
From Our First Half-Century: A Review of Queensland Progress Based Upon Official Information by Queensland
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.