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 of fiscal year from the Web
That’s a 4% increase, or $302 million, over fiscal year 2018, and nearly $600 more than the president’s request.
In the Big 12, the league recently announced an average distribution of $36.5 million for fiscal year 2018.
The board discussed the plan and also its proposed budget for fiscal year 2018-19.
Wednesday’s election and annual meeting was not without controversy either, as residents expected to also vote on the fire district’s proposed $1.7 million budget for fiscal year 2018-19.
An Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018.
While that’s above the 4.10 percent median estimate of 39 economists surveyed by Bloomberg, the level is the lowest in five months and below the central bank’s projected 4.5 percent pace for the fourth-quarter of fiscal year 2018.
Efrain De La Rosa, 40, was the eighth person to die in ICE custody in fiscal year 2018, the agency said.
De La Rosa is the eighth person to die in ICE custody in fiscal year 2018, according to the news release.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'fiscal year.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
Financial Definition of FISCAL YEAR
What It Is
How It Works
A company's fiscal year will always reflect the date of the calendar year in which it ends. For example: The financial operations of the federal government are carried out in a fiscal year that begins on October 1 and ends on September 30. Therefore the government's fiscal year for 2008 would begin on October 1, 2007 and end on September 30, 2008.
Why It Matters
The key thing to remember is that a fiscal year doesn't necessarily correspond with the calendar year. Although it may not seem like very important, when a company starts its fiscal year can have an impact on its fundamental analysis. This is especially true of cyclical companies.
Consider a retailer that has an incredible first quarter. An investor may look at that company and think it will probably post even higher earnings during the end of the year, during the holiday season. However, if that company started its fiscal year in September, then its first quarter earnings will have already encompassed the higher sales that accompany the holiday shopping season, and the remaining three quarters will most likely be a little lower.
FISCAL YEAR Defined for English Language Learners
Definition of fiscal year for English Language Learners
: a 12-month period used by a government, business, or organization to calculate how much money is being earned, spent, etc.
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