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CARD 2 OF 2
Which word fits this meaning?
A twelve-month period used for accounting or financial reporting.
noun
Reveal word and examples
fiscal year
The association begins its fiscal year in July.
Dictionary practice example.
The neighborhood theater recorded expenditure on paint, costumes, and room hire in separate columns so members could see where its money went. Its fiscal year ran from the start of September through the end of August, covering twelve months even though it crossed calendar years.
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