financial, fiscal, fiscal year

Although financial and fiscal are to some extent synonymous, financial has a broader meaning and refers to money matters in general.

  • The company’s financial outlook showed some improvement.

Fiscal usually applies to government financial matters.

  • The government has implemented a program of fiscal restraint.

A fiscal year is an organization’s accounting year, and may or may not coincide with the calendar year.

  • Our company’s 2016-2017 fiscal year runs from September 1, 2016, to August 31, 2017.

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