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)
any annual period at the end of which a firm’s accounts are made up
the annual period ending April 5, over which Budget estimates are made by the British Government and which functions as the income-tax year

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.


Read Also:

  • Fiscal policy

    The policy of a government in controlling its own expenditures and taxation, which together make up the budget. Note: A function of fiscal policy, along with monetary policy, is to regulate the level of economic activity, the price level, and the balance of payments. Fiscal policy also determines the distribution of resources between the public […]

  • Fischer-Dieskau

    [fish-er-dee-skou; German fish-uh r-dees-kou] /ˈfɪʃ ərˈdi skaʊ; German ˈfɪʃ ərˈdis kaʊ/ noun 1. Dietrich [dee-trik;; German dee-trikh] /ˈdi trɪk;; German ˈdi trɪx/ (Show IPA), 1925–2012, German baritone. /German -ˈdiːskau/ noun 1. Dietrich (ˈdiːtrɪç). 1925–2012, German baritone, noted particularly for his interpretation of Schubert’s song cycles

  • Fischer-Tropsch process

    [fish-er-trohpsh, -tropsh] /ˈfɪʃ ərˈtroʊpʃ, -ˈtrɒpʃ/ noun, Chemistry. 1. a catalytic hydrogenation method to produce liquid hydrocarbon fuels from carbon monoxide.

  • Fischer von Erlach

    [fish-uh r fuh n er-lahkh] /ˈfɪʃ ər fən ˈɛr lɑx/ noun 1. Johann Bernhard [yaw-hahn bern-hahrt] /ˈyɔ hɑn ˈbɛrn hɑrt/ (Show IPA), 1656–1723, Austrian architect. /German ˈfɪʃər fɔn ˈerlax/ noun 1. Johann Bernhard (joˈhan ˈbernhart). 1656–1723, Austrian architect: a leading exponent of the German baroque

Disclaimer: Fiscal-year definition / meaning should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. All content on this website is for informational purposes only.