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 Defense spending has dropped from 23.9% of the budget (and 5.0% of GDP) in 1990 to 12.9% of the budget (and 3.2% of GDP) in the most recent fiscal year. Milton Ezrati, Forbes, 24 Oct. 2024 That’s even as bond yields have rebounded since the Federal Reserve’s first rate cut last month, while fresh budget data showed that the deficit was $1.8 trillion for the fiscal year that ended on Sept. 30. Jason Ma, Fortune, 19 Oct. 2024 The audit examined annual program costs from fiscal years 2003-04 through 2023-24 and found that costs jumped nearly 75% from fiscal years 2018-19 to 2022-23 — from $6.6 million to $11.5 million. Clara Harter, Los Angeles Times, 18 Oct. 2024 The closures, which will happen within the next three years, will start with 500 stores being shuttered in fiscal year 2025, Walgreens announced Tuesday in an earnings report. Eric Lagatta, The Arizona Republic, 17 Oct. 2024 See all Example Sentences for fiscal year 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'fiscal year.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1843, in the meaning defined above

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

Dictionary Entries Near fiscal year

Cite this Entry

“Fiscal year.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/fiscal%20year. Accessed 31 Oct. 2024.

Legal Definition

fiscal year

noun
: an accounting period of 12 months
Last Updated: - Updated example sentences
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