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Fiscal derives from the Latin noun fiscus, meaning "basket" or "treasury." In ancient Rome, fiscus was the term for the treasury controlled by the emperor, where the money was literally stored in baskets and was collected primarily in the form of revenue from the provinces. Fiscus also gave English confiscate, which is most familiar as a verb meaning "to seize by or as if by authority," but it can additionally refer to the forfeiting of private property to public use. Today, we often encounter fiscal in "fiscal year," a 12-month accounting period not necessarily coinciding with the calendar year.
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Examples of fiscal in a Sentence
Pamela N. Danziger, Forbes, 25 Oct. 2024
His remarks followed a meeting of top leaders in late September led by Chinese President Xi Jinping, which called for strengthening fiscal and monetary policy.
—Evelyn Cheng, CNBC, 25 Oct. 2024
Mimansa Verma, Quartz, 11 May 2023
Medtronic expects organic revenue growth of around 4% in the second half of the current fiscal.
—Trefis Team, Forbes, 10 Feb. 2023
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“Fiscal.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/fiscal. Accessed 31 Oct. 2024.
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fiscal
adjective
Adjective
Latin fiscalis, from fiscus basket, treasury
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