fiscal

[ˈfɪskəl]

fiscal Definition

relating to government revenue, especially taxes.

Using fiscal: Examples

Take a moment to familiarize yourself with how "fiscal" can be used in various situations through the following examples!

  • Example

    The government's fiscal policy aims to reduce the budget deficit.

  • Example

    The company's fiscal year ends in December.

  • Example

    The new fiscal measures will affect small businesses.

  • Example

    The fiscal impact of the pandemic has been severe.

fiscal Synonyms and Antonyms

Phrases with fiscal

  • a period of twelve months used by a government or business for accounting and budget purposes

    Example

    The company's fiscal year ends in December.

  • the use of government spending and taxation to influence the economy

    Example

    The government's fiscal policy aims to reduce the budget deficit.

  • fiscal cliff

    a situation where a combination of tax increases and spending cuts could lead to a recession

    Example

    The country narrowly avoided going over the fiscal cliff with a last-minute deal.

Origins of fiscal

from Latin 'fiscus', meaning 'purse'

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Summary: fiscal in Brief

The term 'fiscal' [ˈfɪskəl] refers to matters related to government revenue, particularly taxes. It encompasses concepts like 'fiscal year,' a twelve-month period used for accounting and budgeting, and 'fiscal policy,' the use of government spending and taxation to influence the economy. The term is often used in formal contexts and can be seen in phrases like 'The new fiscal measures will affect small businesses.'

How do native speakers use this expression?