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Definition of fiscal year
: 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 Manuel, football coach Jim Harbaugh and men’s basketball coach Juwan Howard are among the individuals taking 10-percent pay cuts through the end of the 2021 fiscal year. — Nathan Baird, cleveland, "Ohio State athletics will not be immune from budget cuts hitting Big Ten because of COVID-19," 3 July 2020 The city council, meanwhile, is voting Wednesday on final adjustments to the 2020-21 fiscal year budget - which takes effect today - before going on a summer recess through July 28. — CBS News, "Los Angeles City Council votes to slash LAPD budget by $150 million," 1 July 2020 Google alone filed for more than 7,600 H-1B visas in fiscal year 2019, according to federal data compiled by recruiting firm Dice. — Kate Cox, Ars Technica, "Google, Amazon condemn Trump order cutting off foreign worker visas," 23 June 2020 Although both chambers successfully passed a $39.5 billion fiscal year 2021 budget early Friday morning, lawmakers failed to advance legislation that would have shielded businesses from COVID-19 lawsuits. — Tyler Arnold, Washington Examiner, "Anti-abortion heartbeat bill passes Tennessee Legislature, heads to Lee’s desk," 22 June 2020 In fiscal year 2019, the H-1B visa was awarded to about 133,000 workers starting initial employment with a company. — Bloomberg News, BostonGlobe.com, "Trump’s new visa restrictions could affect 240,000 people," 21 June 2020 The 2021 fiscal year budget process is in full swing, with a final draft due to the state June 30, ahead of a July 1 start date. — Sharon Coolidge, Cincinnati.com, "After David Mann walked out of hearing, two of his Cincinnati City Council staffers quit," 19 June 2020 The Humble ISD board of trustees unanimously approved the 2021 fiscal year budget, which includes a nearly $14 million surplus, during a special school board meeting on June 16. — Savannah Mehrtens, Houston Chronicle, "Humble ISD prepares for potential coronavirus cuts with $434M budget," 16 June 2020 In fiscal year 2019, about 55% of operating revenue for Michigan's public universities comes from tuition, when the University of Michigan is excluded. — David Jesse, Detroit Free Press, "Universities gamble on tuition freezes, hope students will stay and finances won't dive," 15 June 2020
See MoreThese example sentences are selected automatically from various online news sources to reflect current usage of the word 'fiscal year.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
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The first known use of fiscal year was in 1843
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