fiscal year

noun

: an accounting period of 12 months

Examples of fiscal year in a Sentence

Sales were up in the last fiscal year. Our fiscal year runs from October 1 to September 30.
Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The state’s caution stems from a law that prevents California from reducing school funding after a fiscal year ends. Chaewon Chung updated September 15, Sacbee.com, 15 Sep. 2026 Beginning in the new fiscal year, the city plans to reduce the median bimonthly residential water and sewer bill from $78 to $62, a 21% reduction based on an average monthly consumption of 5,250 gallons. Verónica Egui Brito, Miami Herald, 15 Sep. 2026 The Congressional Budget Office’s (CBO) latest monthly budget update, released yesterday, reports the federal budget deficit totaled $2 trillion in the first 11 months of fiscal year 2026, beginning in October and ending in August. Eleanor Pringle, Fortune, 10 Sep. 2026 Niccol said more than 1,000 renovations have been completed over the past nine months, with thousands more planned for the next fiscal year. Amelia Lucas, CNBC, 10 Sep. 2026 See All Example Sentences for fiscal year

Word History

First Known Use

1843, in the meaning defined above

Time Traveler
The first known use of fiscal year was in 1843

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Cite this Entry

“Fiscal year.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/fiscal%20year. Accessed 16 Sep. 2026.

Legal Definition

fiscal year

noun
: an accounting period of 12 months
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