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What is a fiscal year?

What is a fiscal year? Here are some definitions.

Noun
  1. (accounting) An accounting period of one year, not necessarily coinciding with the calendar year.
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Before their fiscal year ends, this month, they plan to shop for a new computer and a press for their assembly shop.
Market risk is the standard deviation of the firm's daily returns over the fiscal year.
The company now expects to turn a profit for the fiscal year ending next June.
We will continue to prudently manage our expenses and investments during this fiscal year.
Each year, I meet with the president, the provost and the deans' council to determine priorities for the next fiscal year.
The company hopes to return to profitability in the fourth quarter of the current fiscal year.

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