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Fiscal year (FY) |
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Fiscal year (FY)Accounting period covering 12 consecutive months over which a company determines earnings and profits. The fiscal year serves as a period of reference for the company and does not necessarily correspond to the calendar year.Fiscal year (FY) Similar MatchesFiscal agency agreementFiscal agency agreementAn alternative to a bond trust deed. Unlike the trustee, the fiscal agent acts as a representative of the borrower. Fiscal policyFiscal policyThe use of spending and taxation by the government in order to achieve its economic objectives. Put simply, higher taxation reduces people's disposable income, and suppresses spending which is supposed to make inflation less likely. Fiscal policyFiscal policyGovernment spending and taxing for the specific purpose of stabilizing the economy. Fiscal policyFiscal policyAny macroeconomic policy involving the levels of government purchases, transfers, or taxes, usually implicitly focused on domestic goods, residents, or firms. A fiscal stimulus is an increase in purchases or transfers or a cut in taxes. TEFRA (Tax Equity and Fiscal Responsibility Act of 1983)TEFRA (Tax Equity and Fiscal Responsibility Act of 1983)The law requiring federal income tax withholding on payments of dividend and dividend to accounts without a certified tax identification number on file. See: dividend. Further SuggestionsFiscal year endFiscal agency services Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA) fiscal year Fiscal deficit |
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