Definition of fiscal year in English:

fiscal year

noun

North American
  • A year as reckoned for taxing or accounting purposes.

    ‘the firm is expected to turn a profit for its fiscal year ending April 30’
    • ‘Fierce price competition from rivals coupled with sluggish overall demand led to the stagnating revenues of the past three fiscal years.’
    • ‘By the end of August, seven states were already planning to cut back on spending to balance their budgets, even though their fiscal years had only started on July 1.’
    • ‘Further moves are forecast if it is to achieve its target of breaking even in the fourth quarter of its fiscal year.’
    • ‘Over the three fiscal years ending in August, 2002, earnings rose an average of 34.9% a year, while book value per share fell 9.9%.’
    • ‘For the next fiscal year, the weak yen is likely to increase the cost of imported materials.’
    • ‘Market risk is the standard deviation of the firm's daily returns over the fiscal year.’
    • ‘May's profit has fallen 38 percent in the past two fiscal years on a 6 percent decline in total revenue.’
    • ‘The company now expects to turn a profit for the fiscal year ending next June.’
    • ‘Since nobody is sure how stringent the testing will be, companies with later fiscal years have the benefit of time to learn from others' mistakes.’
    • ‘In the end, the company had to reassign revenue to different fiscal years, but total sales didn't change.’
    • ‘We adjust the figures from fiscal years to calendar years in order to make comparisons with other countries.’
    • ‘Total budget deficits for the next 10 fiscal years, from 2004 through 2013, may be pushing $6 trillion or more.’
    • ‘That's the first deadline for executives of large companies with calendar fiscal years to certify that they've checked and found their internal financial controls are working.’
    • ‘Surprisingly, a recent study estimates that from fiscal years 2000 to 2004, wages and salaries for New York municipal workers will rise at a 3.5% annual pace.’
    • ‘He says he wants to unload up to a dozen more companies by the end of the current fiscal year in March.’
    • ‘About 77% of sample firms have fiscal years corresponding to calendar years.’
    • ‘As an average over the three fiscal years, the deficit was somewhat below the 3% target.’
    • ‘What would sales and profit have been for the fiscal year ended on June 30?’
    • ‘Trouble is, the next fiscal year they have to do another deal to keep that up.’
    • ‘The company hopes to return to profitability in the fourth quarter of the current fiscal year.’

Pronunciation:

fiscal year

/ˈfiskəl yi(ə)r/