The difference between Financial year and Fiscal year

When used as nouns, financial year means ., whereas fiscal year means an accounting period of one year, not necessarily coinciding with the calendar year.


check bellow for the other definitions of Financial year and Fiscal year

  1. Financial year as a noun (British, accounting):

    .

  1. Fiscal year as a noun (accounting):

    An accounting period of one year, not necessarily coinciding with the calendar year.

    Examples:

    "New York State has rarely had an approved budget by the beginning of its April 1 fiscal year'"

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