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Fiscal year
(redirected from Financial quarter)

   Also found in: Wikipedia, Hutchinson 0.09 sec.
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.


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He also recommends that legal expenses be reserved for each financial quarter, and that special attention to paid to "discovery" issues that could prompt a settlement.
Eugene-based Summit Bank is in the black less than two years after beginning operations and one financial quarter before its target date for turning a profit.
7 million increase in its unrestricted general fund from the previous financial quarter, officials said Wednesday.
 
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