financial year
noun
British
: a 12-month period used by a government, business, or organization to calculate how much money is being earned, spent, etc. : (US) fiscal year
Examples of financial year in a Sentence
Recent Examples on the Web
The council has already burnt through £1.1 billion ($1.4 billion) over the past decade to settle these claims — which continue to mount — and now expects to have a budget deficit of £87 million ($109 million) for the 2023-24 financial year.
—
Hanna Ziady, CNN, 19 Sep. 2023
The new land will not help current year figures, however, as the park operates an unusual financial year running from October to September.
—Patrick Frater, Variety, 12 Sep. 2023
In its filing, the company said revenue in the six months to the end of March had risen 19% from the same period in the 2021-22 financial year but that its net profit had fallen 45%.
—Krystal Hur, CNN, 14 Sep. 2023
The documents cover the financial year up to Dec. 2022.
—K.j. Yossman, Variety, 9 Oct. 2023
Target a payout ratio of 50% for this financial year and at least 70% for next year—up from 30% in 2022.
—Anna Hirtenstein, WSJ, 29 Sep. 2023
The council has already burnt through £1.1 billion ($1.4 billion) over the past decade to settle these claims and now expects to have a budget deficit of £87 million ($109 million) for the 2023-24 financial year.
—Hanna Ziady, CNN, 6 Sep. 2023
He was transferred to Manchester United three years later, and the deal led to a hit of about €14 million on Juventus’s financial results in 2020-2021 financial year.
—Daniele Lepido, Bloomberg.com, 29 Nov. 2022
News Corp on Thursday recorded just $187 million in net profit for the 2023 financial year, down from $760 million the previous year.
—Tori Otten, The New Republic, 11 Aug. 2023
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Hanna Ziady, CNN, 19 Sep. 2023
The new land will not help current year figures, however, as the park operates an unusual financial year running from October to September.
—Patrick Frater, Variety, 12 Sep. 2023
In its filing, the company said revenue in the six months to the end of March had risen 19% from the same period in the 2021-22 financial year but that its net profit had fallen 45%.
—Krystal Hur, CNN, 14 Sep. 2023
The documents cover the financial year up to Dec. 2022.
—K.j. Yossman, Variety, 9 Oct. 2023
Target a payout ratio of 50% for this financial year and at least 70% for next year—up from 30% in 2022.
—Anna Hirtenstein, WSJ, 29 Sep. 2023
The council has already burnt through £1.1 billion ($1.4 billion) over the past decade to settle these claims and now expects to have a budget deficit of £87 million ($109 million) for the 2023-24 financial year.
—Hanna Ziady, CNN, 6 Sep. 2023
He was transferred to Manchester United three years later, and the deal led to a hit of about €14 million on Juventus’s financial results in 2020-2021 financial year.
—Daniele Lepido, Bloomberg.com, 29 Nov. 2022
News Corp on Thursday recorded just $187 million in net profit for the 2023 financial year, down from $760 million the previous year.
—Tori Otten, The New Republic, 11 Aug. 2023
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These examples are programmatically compiled from various online sources to illustrate current usage of the word 'financial year.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Dictionary Entries Near financial year
Cite this Entry
“Financial year.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/financial%20year. Accessed 28 Nov. 2023.
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