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fiscal

Say it: FIS-kul /ˈfɪskəl/ · adjective

What “fiscal” means

About government finances or a business's financial year.

More precisely: Relating to government revenue and spending, or to an organization's financial year.

Example: “Our fiscal year ends in March, so budgets are tight in February.”

When to use it

In formal finance discussions, especially when describing government budgets or the yearly period a business uses for its accounts.

Similar words

financial, budgetary

Where it comes from

From Latin fiscus, "basket, treasury."

Quick check

A company's accounting year runs from July to June, rather than January to December. What kind of year is it?

calendar or fiscal?

Show the answer

fiscal

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