| any yearly period without regard to the calendar year, at the end of which a firm, government, etc., determines its financial condition. |
| fiscal year n. Abbr. FY A 12-month period for which an organization plans the use of its funds. |
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.
Fiscal Year - FY
Any 12-month period that a company uses for accounting purposes.
Investopedia Commentary
The fiscal year may or may not be the same as a calendar year.
Related Links
Introduction to Fundamental Analysis
Advanced Financial Statement Analysis
See also: Annual Report
Also spelled: FY
