English

Alternative forms

• financial year

Noun

fiscal year ‎(plural fiscal years)

1. (accounting) An accounting period of one year, not necessarily coinciding with the calendar year.

   New York State has rarely had an approved budget by the beginning of its April 1 fiscal year

Usage notes

• Some businesses use a fiscal year of 52 weeks in most years, 53 weeks about every fourth year.

Synonyms

• (one-year accounting period): financial year, budget year, tax year, accounting reference period, FY

Related terms

• fiscal quarter

Translations