单词 | fiscal |
释义 | fiscal fiscal // adjective, noun
■ adjective
1 (Economics ) connected with government or public money, especially taxes: a package of fiscal reforms The fiscal deficit is running at 7 per cent of GDP. The government must impose fiscal discipline and reduce spending. The country's fiscal position is deteriorating. A fiscal stimulus in the form of tax cuts should lift the economy. Eurozone fiscal rules put a limit on government spending. Fiscal tightening may be necessary to calm financial markets. ⇨ FISCAL POLICY
fiscal austerity/discipline/prudence/restraint fiscal loosening/tightening a fiscal deficit/surplus
2 (Finance ) (especially AmE) connected with financial matters: More and more companies are facing a fiscal crisis.
3 (Accounting ) (especially AmE) connected with the period of twelve months over which a government or a company prepares a full set of financial records, or part of this period: Orders in the company's fiscal third quarter dropped by 12%.
fiscally // adverb (Economics ): The government has become more fiscally responsible. fiscally conservative/prudent
■ noun [C] fiscal 2006, 2007, etc. (AmE)
(Accounting ) = FISCAL YEAR: Fiscal 2006 is likely to be our best year ever. |
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