financial year

noun

British
: a 12-month period used by a government, business, or organization to calculate how much money is being earned, spent, etc. : (US) fiscal year

Examples of financial year in a Sentence

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The company heavily emphasizes that last bit in its spiel, and has secured approval for its program to be supported this financial year by the US Department of Defense's Operational Energy Capability Improvement Fund (OECIF). New Atlas, 13 Apr. 2025 More recently, India’s GDP expanded by a weaker-than-expected 6.2% in the fourth quarter of 2024, and the country’s economy is estimated to grow 6.5% in the financial year to March 2025 — a sharp slowdown from 9.2% the year before. Lim Hui Jie, CNBC, 9 Apr. 2025 Nike produced half its footwear and roughly 30% of its apparel in Vietnam in its 2024 financial year, while Adidas relied on the Asian nation for 39% of its footwear and 18% of its apparel last year. Helen Reid and Aishwarya Venugopal, USA Today, 3 Apr. 2025 By the time this was settled in the current financial year, the loan had reached £15m. Richard Sutcliffe, New York Times, 27 Mar. 2025 See All Example Sentences for financial year

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“Financial year.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/financial%20year. Accessed 23 Apr. 2025.

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