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.
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'
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.'