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

Japan Exchange Group data shows that the number of individual shareholders reached a record high in the fiscal year that ended in March, growing at the fastest pace since the asset-bubble era of fiscal 1987.

Read more on The Wall Street Journal

Dell reaffirmed its financial guidance for the current quarter and fiscal year.

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This for a company with $57 billion in revenue for its fiscal year ending in May.

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They might want to check out Wednesday’s Congressional Budget Office report that the deficit for the last fiscal year clocked in at $1.8 trillion.

Read more on The Wall Street Journal

Control of the White House changed in fiscal year 2025, but the U.S. budget picture didn’t.

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Related Words

• calendar year 
• financial year