Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “financial year”

financial year

noun [C]
 
 
(abbreviation FY, also accounting year) mainly UK
ACCOUNTING a period of twelve months for which a company prepares its accounts. In the UK, this period often ends at the end of March: the current/previous/next, etc. financial year Profits for the current financial year are expected to rise more than 20%.the beginning/end/second half, etc. of the financial year In the second half of the financial year, we were successful in winning several new contracts. He was paid over £700,000 in the financial year to March 2010.
→ Compare fiscal year, tax year
(Definition of financial year from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of financial year?
Add Cambridge dictionaries to your browser to your website

Definitions of “financial year” in other dictionaries

Translations of “financial year”

Word of the Day

look on the bright side

to find good things in a bad situation

Word of the Day

The language of work

by Kate Woodford,
October 15, 2014
Most of us talk about our jobs. We tell our family and friends interesting or funny things that have happened in the workplace (=room where we do our job), we describe – and sometimes complain about – our bosses and colleagues and when we meet someone for the first time, we tell

Read More 

life tracking noun

October 20, 2014
the use of one or more devices or apps to monitor health, exercise, how time is spent, etc.

Read More