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Fiscal year
The fiscal year is the accounting period for the federal government which begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006. Congress passes appropriations legislation to fund the government for every fiscal year.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Government
- Category: American government
- Company: U.S. Senate
- Product:
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