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.
The majority of the CPB’s roughly 100 employees will be laid off when the federal fiscal year ends on September 30, according to a press release. Nik Popli, Time, 1 Aug. 2025 Like other federal agencies, the CDC has shed staff and is expected to see steep funding cuts in the next fiscal year as the administration looks to shrink the size of government. Madeline Heim, jsonline.com, 1 Aug. 2025 The full impact of those actions may not be clear until the current fiscal year ends and agency chief financial officers issue financial statements. Doug Criscitello, Forbes.com, 31 July 2025 Trade negotiations Tariffs are starting to build into a significant revenue source for the federal government, with customs duties in June quadrupling to about $27 billion, a record, and through June have topped $100 billion for the current fiscal year. Dietrich Knauth, USA Today, 31 July 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 6 Aug. 2025.

Legal Definition

fiscal year

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