What does financial year mean in English?

You can learn financial year Pronunciation, Grammar & Synonyms in this most authoritative English Dictionary.

financial year Meaning, Definition, Pronunciation, Grammar & Synonyms❤️

0 a period of twelve months (not always January to December) for which a business, government, etc. plans its management of money
1 a period of twelve months for which a company prepares its accounts. In the UK, this period often ends at the end of March:
- the current/previous/next, etc. financial year Profits for the current financial year are expected to rise more than 20%.
- the beginning/end/second half, etc. of the financial year In the second half of the financial year, we were successful in winning several new contracts.
- He was paid over £700,000 in the financial year to March 2010.

A sharp increase is bound to come, however, in the course of the financial year.
Each of these companies ended its financial year solvent by selling great holdings of shares to one or other of its sisters, and paying a dividend out of the proceeds.
It consequently follows that the expenditure charged, or chargeable, to votes of credit for this financial year represent, broadly speaking, the difference between the expenditure of the country on a peace footing and that expenditure upon a war footing.
It is hoped that conditions will permit a senior appointment during the present financial year to inaugurate the service.
Owing to fortuitous circumstances, the amount for the first thirty-five days of the financial year had turned out to be seven and a half millions a day.
Equally, it is mentioned that some doctors close (take a holiday) towards the end of the financial year (p. 73).
All unit costs were calculated for the financial year 1999/2000.
On minor issues, such as the carrying forward of budget surpluses into the following financial year, it strongly resisted departmental requests for greater flexibility.