fiscal year

Definition of "fiscal year"
  1. A period of 12 consecutive months used for accounting or financial reporting purposes
How to use "fiscal year" in a sentence
  1. The company reports its financial results based on the fiscal year that begins on July 1 and ends on June 30 of the next calendar year.
  2. The fiscal year does not necessarily have to coincide with the calendar year.
  3. The federal government operates on a fiscal year that starts on October 1 and ends on September 30.

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