fiscal year

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English

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Etymology

From fiscal +‎ year.

Noun

fiscal year (plural fiscal years)

  1. (accounting) An accounting period of one year, not necessarily coinciding with the calendar year.

Usage notes

  • Some businesses use a fiscal year of 52 weeks in most years, 53 weeks about every fourth year. The year is typically divided into four quarters, numbered Q1 through Q4.

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