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 estimates, approved by the Legislative Office of Economic and Demographic Research and released on June 12, show local governments would see a $5 billion reduction in property tax revenue during the 2027-28 fiscal year, the first year the amendment would take effect. Cbs Miami Team, CBS News, 15 June 2026 Specifically, Ikeda highlighted that Snowflake’s AI offerings, including Cortex Code, Cortex AI and Intelligence, drove 34% year-over-year growth in its Q1 fiscal year 2027 product revenue, up from 30% in the prior quarter. Tipranks.com Staff, CNBC, 14 June 2026 The agreement comes about a month after Newsom announced a revised budget plan, which was designed to leave the state without a deficit for the next two fiscal years. Stephen Hobbs, Sacbee.com, 12 June 2026 Lastly, teams that play their group stage matches in Philadelphia could face additional complications because Philadelphia’s nonresident wage tax rate is tied to the city’s fiscal year, which runs from July 1 to June 30, according to Greenback Expat Tax Services. Nathan Goldman, Forbes.com, 12 June 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 18 Jun. 2026.

Legal Definition

fiscal year

noun
: an accounting period of 12 months
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