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What (who) is fiscal year - definition
Fiscal year
1-YEAR TERM FOR GOVERNMENT AND BUSINESS FINANCIAL REPORTING
Fiscal calendar; Financial year; Fiscal Year; Tax year; Fiscal Quarter; Financial Year; Business quarter; Accounting reference date; Financial quarter; Fiscal quarter; Budget Year; Fiscal-year budget; Business year; UK tax year; Budget year; Financial year closing; Fiscal year closing; US fiscal year; FY (fiscal year); Australian financial year; Fiscal year end; U.S. fiscal year; Fiscal years; Japanese fiscal year
A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations.
fiscal year
1-YEAR TERM FOR GOVERNMENT AND BUSINESS FINANCIAL REPORTING
Fiscal calendar; Financial year; Fiscal Year; Tax year; Fiscal Quarter; Financial Year; Business quarter; Accounting reference date; Financial quarter; Fiscal quarter; Budget Year; Fiscal-year budget; Business year; UK tax year; Budget year; Financial year closing; Fiscal year closing; US fiscal year; FY (fiscal year); Australian financial year; Fiscal year end; U.S. fiscal year; Fiscal years; Japanese fiscal year
¦ noun North American term for financial year.
fiscal year
1-YEAR TERM FOR GOVERNMENT AND BUSINESS FINANCIAL REPORTING
Fiscal calendar; Financial year; Fiscal Year; Tax year; Fiscal Quarter; Financial Year; Business quarter; Accounting reference date; Financial quarter; Fiscal quarter; Budget Year; Fiscal-year budget; Business year; UK tax year; Budget year; Financial year closing; Fiscal year closing; US fiscal year; FY (fiscal year); Australian financial year; Fiscal year end; U.S. fiscal year; Fiscal years; Japanese fiscal year
(fiscal years)
...the budget for the coming fiscal year.
N-COUNT: usu sing, usu with supp
Examples of use of fiscal year
1. Humans don‘t actually live from fiscal year to fiscal year; the very concept of a fiscal year has a Parallel Earth quality to it.
2. Schloesser said the military spent $480 million on such projects this fiscal year, up from $250 million last fiscal year.
3. Imports for the current fiscal year are forecast to reach $32.6 billion, after totalling $30.54 billion in the last fiscal year.
4. The commitment will increase to $135 million in fiscal year 2007, and grow to $500 million in fiscal year 2010, eventually reaching 15 countries and 175 million people.
5. Investcorp announced net income of $110.3 million for the recent fiscal year ended June 30, 2005, an increase of 22 percent over the previous audited fiscal year.