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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
In federal fiscal year 2024, the most recent year for which relatively complete data are available, Hopkins investigators received $857,947,550 in awards, representing an approximately $15 million increase over its prior year total. Michael T. Nietzel, Forbes, 27 Feb. 2025 As part of his budget proposal released earlier this month, Gov. Ned Lamont called for a 10% fare hike over the next two fiscal years to pay for the rising cost of rail service, while keeping the number of trains the same. John Moritz, Hartford Courant, 27 Feb. 2025 City officials have said the work from home policies have also contributed to the $62 million deficit the city is facing in the fiscal year that starts July 1, due in part to drastic declines in parking revenues. Theresa Clift, Sacramento Bee, 27 Feb. 2025 Nvidia reported its fourth-quarter earnings for fiscal year 2024 after market close on Wednesday. Mike Winters, CNBC, 26 Feb. 2025 See All Example Sentences for fiscal year

Word History

First Known Use

1843, in the meaning defined above

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

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Cite this Entry

“Fiscal year.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/fiscal%20year. Accessed 4 Mar. 2025.

Legal Definition

fiscal year

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