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fiscal year

noun

: an accounting period of 12 months

Example Sentences

Sales were up in the last fiscal year. Our fiscal year runs from October 1 to September 30.
Recent Examples on the Web That would be for fiscal year 2024, which starts Oct. 1, 2023, and would be a total of about $967 million. Mike Cason | Mcason@al.com, al, 13 Sep. 2022 Last month, the Board of Supervisors approved the city's $14 million budget for the 2022-2023 fiscal year, which included provisions to fill about 200 vacant police officer positions and to add funding to officer retention bonuses. Emma Colton, Fox News, 16 Aug. 2022 The Packers reported a record $579 million in revenue for the 2021-22 fiscal year, which concluded at the end of March. Richard Ryman, USA TODAY, 22 July 2022 At the close of the 2021-22 fiscal year, which ended June 30, the fund stood at $440 billion, a loss of nearly $30 billion from the previous year, when CalPERS reported a positive 21.3% return to bring the fund’s total to $469 billion. Christian Martinez, Los Angeles Times, 20 July 2022 Seven in 10 colleges saw their grades worsen between fiscal year 2019 and fiscal year 2020, which is unsurprising given the immediate effect of Covid-19 on college revenues and expenses. Emma Whitford, Forbes, 9 June 2022 Deficit spending is predicted to occur in fiscal year 2023, when the financials indicate that the district will be $1.1 million short. Beth Mlady, cleveland, 2 June 2022 Under Armour earned $8 million in the first quarter of its new fiscal year, meeting earnings forecasts for its first fiscal quarter and saying its brand remains strong in a difficult environment. Lorraine Mirabella, Baltimore Sun, 3 Aug. 2022 Under Armour virtually skipped FY’22 with its March-end transition quarter in a separate period and went straight into fiscal 2023 while realigning its fiscal year to start in April instead of January. Trefis Team, Forbes, 2 Aug. 2022 See More

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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