FISCAL YEAR Definition

Bookmark and Share

FISCAL YEAR is the declared accounting year for a company, but it is not necessarily in conformance to a calendar year (January through December). However, it does cover twelve months, 52 weeks, 365 days. For example, the U.S. government fiscal year ends September 30, i.e. October 1 through September 30 is their fiscal or accounting year.

Learn new Accounting Terms

UNSECURED is obligation backed not by collateral but only by the integrity of the borrower. Opposite of secured.

AFGHANI is the currency of Afghanistan.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.