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fiscal year

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Tags: taxation

A 12-month period over which a company budgets its spending. A fiscal year does not always begin in January and end in December; it may run over any period of 12 months. The fiscal year is referred to by the date in which it ends.
(Read more: http://www.investorwords.com/1984/fiscal_year.html#ixzz2LAqSNO5z)

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