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fiscal year
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fiscal year

The federal government’s fiscal year runs from October through September.
  any accounting period of 12 months chosen by an organization for regular annual reporting
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fiscal year fiscal years
The "09" in "FY09" indicates the fiscal year ends sometime in the calendar year 2009.

The fiscal year is generally chosen to end at a time when accounts payable (money owed to others) and accounts receivable (money owed to the business) are at their lowest.
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  • The federal government’s fiscal year runs from October through September.
  • The university’s fiscal year is set to end in the summer so it aligns with the school year.
  • The war had now devoured $88 billion out of a fiscal year budget of $99 billion.
    James Bradley  --  Flags of Our Fathers
  • I refer to the quota of grain shipments—and to the increased quota, a matter of thirteen percent, for this new fiscal year.
    Robert A. Heinlein  --  The Moon is a Harsh Mistress

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  • The imports into the United States of black and white mustard together during the fiscal year ended June 30, 1903, amounted to 5,302,876 pounds.
    John Gardner  --  The Sunlight Dialogues
  • For the 2009 fiscal year, President George W. Bush actually proposed an 18 percent cut in USAID spending for maternal and child care to just $370 million, or about $1.20 per American per year.
    Nicholas D. Kristof  --  Half the Sky
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Associated words [difficulty]:   fiscal year [9] , money order [5] , graveyard shift [7] , Information Technology (IT) [8] , loan shark [8] , on consignment [8] , petty cash [8] , promissory note [8] , joint stock company [9] , negotiable instrument [9] , tax shelter [9] , trade association [9]
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Most commonly used in these subjects:   Public Policy & Politics, Business, History, Law
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