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 Back at City Hall, the mayor issued her $12.8-billion budget for the 2024-25 fiscal year, scaling back spending in a number of areas. Dakota Smith, Los Angeles Times, 27 Apr. 2024 Also, the figures below are for the calendar years 2023 and 2022, even though Disney and Sony have fiscal years that don’t align with the calendar year, and their executive teams manage their businesses with an eye on the fiscal year. Georg Szalai, The Hollywood Reporter, 24 Apr. 2024 HashiCorp posted a sales gain of 22% to $583 million in its most recent fiscal year, which ended in January. Brody Ford, Fortune, 24 Apr. 2024 There is $1 million set aside for trash carts in the city’s Public Works budget for this next fiscal year starting in May. Kynala Phillips, Kansas City Star, 22 Apr. 2024 The county is on track to set aside $5 million in the next fiscal year, starting in July, to pay for this first phase for a new Ramona station. Teri Figueroa, San Diego Union-Tribune, 21 Apr. 2024 Discovery, while adding that Disney’s suite of streaming services will reach profitability by the end of this fiscal year. The Verge, 18 Apr. 2024 Apple currently produces 14%, or about 1 in 7, of its iPhones in India, and made $14 billion worth of iPhones in the country last fiscal year, Bloomberg reports. Britney Nguyen, Quartz, 17 Apr. 2024 Youngkin would probably call a special legislative session so lawmakers could start all over, racing to get a budget plan finished before the new fiscal year starts July 1. Laura Vozzella, Washington Post, 16 Apr. 2024

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 2 May. 2024.

Legal Definition

fiscal year

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