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English definition of “fiscal year”

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fiscal year

noun [C]
 
 
( abbreviation FY)
ACCOUNTING a period of 12 months for which a company prepares its accounts: He expects earnings for the fiscal year ending next March to rise to 45 to 50 cents a share. →  Compare financial year
ECONOMICS, GOVERNMENT a period of 12 months for which a government records its income and spending: More than two weeks into the new fiscal year, the state at last has a spending plan.fiscal year 2011/2012/2013, etc. The Office of Management and Budget has released the federal budget for fiscal year 2011.
Translations of “fiscal year”
in Chinese (Traditional) 財政年度,會計年度(並非總是1月到12月)…
in Chinese (Simplified) 财政年度,会计年度(并非总是1月到12月)…
(Definition of fiscal year from the Cambridge Business English Dictionary © Cambridge University Press)
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