“As anybody who has followed the fiscal discussions knows, a change of this magnitude is very significant,” Bellows said.
Thanks to the fiscal cliff, companies have a huge incentive to pay out big dividends now.
This is a political crisis manifesting itself as a fiscal crisis.
1560s, "pertaining to public revenue," from Middle French fiscal, from Late Latin fiscalis "of or belonging to the state treasury," from Latin fiscus "treasury," originally "purse, basket made of twigs (in which money was kept)," of unknown origin. The general sense of "financial" (1865, American English) was abstracted from phrases like fiscal calendar, fiscal year. Related: Fiscally.