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 After the financial year, in January, Tencent was given the green light for a mobile game with the National Basketball Association. Patrick Frater, Variety, 20 Mar. 2024 Dollar Tree opened 641 stores in the previous financial year, including 219 in its fourth quarter which ended in early February, the company said. James Powel, USA TODAY, 26 Mar. 2024 The draft network statement will be gazetted in a few days time for public consultation before being finalized in Transnet SOC Ltd.’s next financial year, which begins April 1, the company said in a statement late Friday. Antony Sguazzin, Bloomberg.com, 16 Mar. 2024 Sales increased in the 2023 financial year but dropped 4% in the past two months — including the crucial Christmas period — compared with a year prior. Olesya Dmitracova, CNN, 31 Jan. 2024 But the good news was overshadowed by the revelation that GoTo reported a net loss of 90.5 trillion rupiah ($5.75 billion) for its full financial year, double last year’s figure. Lionel Lim, Fortune Asia, 20 Mar. 2024 On Thursday, the group reported revenues of Euros 3.85 billion ($4.2 billion) in the 2023 financial year, down 7% on the previous year. Leo Barraclough, Variety, 7 Mar. 2024 Partly because of this, Ryanair expects full-year profit for the current financial year to be at the lower end of a range of €1.85 billion-€1.95 billion ($2 billion-$2.1 billion) — trimming a November forecast of up to €2.05 billion ($2.2 billion). Hanna Ziady, CNN, 29 Jan. 2024 In order to balance the books, Barca could do with making these sales before June 30, which is when the club's financial year ends. Tom Sanderson, Forbes, 2 Mar. 2024

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.

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Cite this Entry

“Financial year.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/financial%20year. Accessed 26 Apr. 2024.

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