Meaning of the word "financial year" in English
What does "financial year" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
financial year
US /fəˈnænʃəl jɪr/
UK /faɪˈnænʃəl jɪə/
Noun
a 12-month period used by a government, business, or organization for financial accounting, which may not coincide with the calendar year
Example:
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The company's financial year ends on March 31st.
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We need to submit our tax returns by the end of the financial year.
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