fiscal year

American  

noun

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

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fiscal 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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fiscal year Cultural  

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.

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Etymology

Origin of fiscal year

An Americanism dating back to 1835–45

Example Sentences

Fiscal year 2021 ended on Sept. 30, but U.S.

From Washington Times • Mar. 9, 2022

Fiscal year 2019 covers the period from July 1, 2018, to June 30, 2019, and fiscal year 2021 covers the period from July 1, 2020, to June 30, 2021.

From Seattle Times • Feb. 23, 2022

Fiscal year 2021 set a record for deaths at the southern border.

From Washington Times • Jan. 20, 2022

"Fiscal year 2010 was a record year for Nissan in terms of sales and growth."

From New York Times • May 12, 2011

Household income or consumption by percentage share: lowest 10%: NA% highest 10%: NA% Budget: revenues: $NA expenditures: $NA Fiscal year:

From The 2008 CIA World Factbook by United States. Central Intelligence Agency

Related Words

• calendar year
• financial year