a person or organization serving as another’s financial agent.
noun 1. a governmental or personal financial crisis that is brought on by economic factors or policies: High housing costs have pushed many families over the fiscal cliff. Some municipalities are on the edge of a fiscal cliff after years of overspending. 2. (specifically) a financial crisis that threatens to disrupt the economy or personal […]
- Fiscal drag
noun 1. (economics) the process by which, during inflation, rising incomes draw people into higher tax brackets, so that their real incomes may fall; this acts as a restraint on the expansion of the economy
[fis-kuh l] /ˈfɪs kəl/ adjective 1. of or relating to the public treasury or revenues: fiscal policies. 2. of or relating to financial matters in general. noun 3. (in some countries) a prosecuting attorney. 4. Philately. a revenue stamp. /ˈfɪskəl/ adjective 1. of or relating to government finances, esp tax revenues 2. of or involving […]
noun 1. any yearly period without regard to the calendar year, at the end of which a firm, government, etc., determines its financial condition. noun (US & Canadian) 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 […]