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

---

Example Sentences

The number of applications for jobs at the council increased by 123%, from an average of 4.7 per role in 2022, to 10.5 per role in the 2024-25 financial year.

From BBC • Apr. 9, 2026

Estée Lauder’s stock is down more than 70% over the past five years and operating margins have slid from 20% in the company’s financial year through June 2022, to 8% in its last.

From The Wall Street Journal • Apr. 9, 2026

The money will come from £2.7bn of government funding for courts and tribunals for this financial year, an increase from £2.5bn during the previous 12 months.

From BBC • Apr. 9, 2026

In the 2024-25 financial year, the company delivered 77% of first class mail and 92.5% of second class mail on time, falling short of its 93% and 98.5% respective targets.

From BBC • Mar. 23, 2026

The taxation voted in France for the financial year ending June 30, 1919, was less than half the estimated normal post-bellum expenditure.

From The Economic Consequences of the Peace by Keynes, John Maynard

Related Words

• calendar year