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
Under the second phase, which officially began in fiscal year 2017, larger areas of the Gulf are subject to revenue sharing, but the law still only provides to new production.
Trump’s budget proposal for fiscal year 2018 calls for major cuts to social welfare programs including food stamps, Temporary Aid for Needy Families and Social Security disability insurance benefits.
The agency spent $406,924 for CWD testing in fiscal year 2016.
In fiscal year 2016, the OOC received 79 complaints of harassment or discrimination from a workforce of more than 30,000.
On a related note, news was circulating this week about a subtle but very meaningful change the Department of Health and Human Services snuck into a draft of its strategic plan for fiscal years 2018 to 2022.
That is less than half the number President Barack Obama set for fiscal year 2017 and down from the revised 2017 figure set at 50,000 by Mr. Trump.
Robert Devlin, deputy director of Marshall's center of operations, provided figures showing that for fiscal year 2015, Marshall had a $3.8 billion economic impact on the state and provided 20,000 jobs in Alabama alone.
More than 500 deportation flights flew out of Alexandria, Louisiana, in fiscal year 2017.
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.
First Known Use of fiscal year
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.
legal Definition of fiscal year
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Seen and Heard
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