fiscal year

noun
any yearly period without regard to the calendar year, at the end of which a firm, government, etc., determines its financial condition.

Origin:
1835–45, Americanism

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World English Dictionary
fiscal year
 
n
1.  any annual period at the end of which a firm's accounts are made up
2.  the annual period ending April 5, over which Budget estimates are made by the British Government and which functions as the income-tax year

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American Heritage
Cultural Dictionary

fiscal year definition


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.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Example sentences
At the end of the fiscal year, you spend what monies are left or risk losing
  them in the next budget year.
The governor and state legislature reached agreement on a budget for the
  current fiscal year that was more than two months late.
Any sums appropriated under this subsection shall remain available, without
  fiscal year limitation, until expended.
Despite the good news, there are reasons to worry that endowments may not do as
  well in the current fiscal year.
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