Definition of financial year noun from the Oxford Advanced Learner's Dictionary


financial year

BrE BrE//faɪˌnænʃl ˈjɪə(r)//
, BrE//faɪˌnænʃl ˈjɜː(r)//
; NAmE NAmE//faɪˌnænʃl ˈjɪr//
; BrE BrE//fəˌnænʃl ˈjɪə(r)//
, BrE//fəˌnænʃl ˈjɜː(r)//
; NAmE NAmE//fəˌnænʃl ˈjɪr//
(British English) (British English also tax year) (North American English fiscal year) [usually singular]
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a period of twelve months over which the accounts and taxes of a company or a person are calculated the current financial year

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