fiscal year

noun

: an accounting period of 12 months

Examples of fiscal year in a Sentence

Sales were up in the last fiscal year. Our fiscal year runs from October 1 to September 30.
Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Bass’ first budget as mayor, covering the 2023-24 fiscal year, allocated $837 million to the fire department. David Zahniser, Los Angeles Times, 10 Jan. 2025 In fiscal year 2023, New Year generated $713.5 million in tax revenue from sports betting, according to The Tax Foundation, which bills itself as the nation’s leading voice on tax policy. Matt Rybaltowski, Forbes, 10 Jan. 2025 The Indian government this week lowered its economic growth projection for the fiscal year to the weakest since the pandemic. Chloe Berger, Fortune Asia, 9 Jan. 2025 Some have pointed to the one-time expenses, such as the purchase of new breathing equipment for firefighters, a one reason why there may have been a reduction in the current fiscal year's budget compared to the year before. Julia Ingram, CBS News, 9 Jan. 2025 See all Example Sentences for fiscal year 

Word History

First Known Use

1843, in the meaning defined above

Time Traveler
The first known use of fiscal year was in 1843

Dictionary Entries Near fiscal year

Cite this Entry

“Fiscal year.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/fiscal%20year. Accessed 19 Jan. 2025.

Legal Definition

fiscal year

noun
: an accounting period of 12 months
Last Updated: - Updated example sentences
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