financial year

British  

noun

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

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Example Sentences

"We knew the first half of this financial year was going to be challenging and that's borne out in our financial results," ABF's chief executive George Weston.

From Barron's • Apr. 21, 2026

A host of benefits and the state pension are rising as the new financial year begins, including more money for larger families on universal credit.

From BBC • Apr. 5, 2026

“With the announced acquisition of Sky Deutschland, Bertelsmann’s group revenues would reach approximately 21 billion euros in the 2026 financial year, assuming full-year consolidation,” Chief Executive Thomas Rabe said.

From The Wall Street Journal • Mar. 26, 2026

Nurses and midwives in England and Wales are set to get a 3.3% pay rise in the next financial year, but Lisa says the union was "disappointed" at the award which was "below inflation".

From BBC • Mar. 25, 2026

The committee will at once observe an obvious distinction between the votes of credit taken for the current financial year and that which we propose to take for the ensuing year.

From New York Times Current History: The European War, Vol 2, No. 1, April, 1915 April-September, 1915 by Various

Related Words

• calendar year