fiscal year

noun

1. any yearly period without regard to the calendar year, at the end of which a firm, government, etc., determines its financial condition.

fiscal year

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

fiscal year

1. A twelve-month period for which an organization, such as a government or corporation , plans the use of its funds. Commonly, fiscal years run from July 1 to June 30, or, in the case of the U.S. government, from October 1 to September 30.

Word History and Origins

Origin of fiscal year¹

An Americanism dating back to 1835–45

Example Sentences

During fiscal years 2015 and 2019, only 3 percent of an estimated 12,500 cases were recorded, the report noted.

From Vox

For this fiscal year ending in June, there’s a projected $85 million deficit.

From Voice of San Diego

A review of city budgets over the last seven years shows the city’s roster of full-time equivalent employees increased from 10,478 in fiscal year 2015 – Faulconer’s first budget cycle – to 11,727 this year.

From Voice of San Diego

Earlier this month, VOSD also obtained a copy of the fiscal year ’21 wish list.

From Voice of San Diego

Ryanair, Europe’s biggest discount airline, expects to carry as few as 26 million people in the fiscal year ending in March, compared with 149 million in fiscal 2020.

From Fortune

According to a report by the human-rights group the Washington Office on Latin America, 463 migrants died in fiscal year 2012.

From The Daily Beast

Fresh Market had 151 stores in January and opened 25 in the last fiscal year.

From The Daily Beast

A report from NAMI found that states cut over $1.6 billion from their mental health agency budgets from fiscal year 2009 to 2012.

From The Daily Beast

In fiscal year 2012 alone, $799 billion was spent on low-income assistance programs.

From The Daily Beast

The Defense Department has set aside $79 billion for OCO for the next fiscal year, the same placeholder amount as this one.

From The Daily Beast

During the fiscal year 1917 approximately $150,000 worth of timber was given to settlers free of cost.

From Project Gutenberg

The ordinary postal revenue for the fiscal year ending June 30, 1868.

From Project Gutenberg

The most gratifying results have attended the operations of the Life Saving Service during the last fiscal year.

From Project Gutenberg

The expense of the Indian Bureau during the last fiscal year was more than six and a halt million dollars.

From Project Gutenberg

But for its passage, the deficit of the next fiscal year would have reached beyond forty-six millions of yen.

From Project Gutenberg

Related Words

• calendar year
• financial year