fiscal
- Adjective:
- Relating to government revenue, especially taxes: "fiscal" primarily describes matters concerning public finance, particularly government income from taxation and its expenditure.
- Relating to financial matters in a broad public or organizational context: It can also pertain to the financial operations and policies of any large organization, though it is most strongly associated with governmental finance.
- Adjective:
- The government announced a new fiscal policy to stimulate the economy.
- The company's fiscal year ends in March, not December.
- Addressing the budget deficit requires difficult fiscal decisions.
"fiscal cliff": A situation where a set of previously enacted laws would simultaneously result in tax increases and spending cuts, potentially harming the economy.
- The Congress negotiated to avoid going over the fiscal cliff.
"fiscal drag": A situation where inflation or income growth moves taxpayers into higher tax brackets, increasing government revenue without explicit tax rate changes.
- Economists warned that fiscal drag could slow down consumer spending.
"fiscal stimulus": Government policy aimed at encouraging economic activity through increased spending or tax cuts.
- The central bank's measures were complemented by a large fiscal stimulus package.
Fiscally (adverb): In a way that relates to public revenue.
- The project must be fiscally responsible.
Fiscalization (noun, less common): The process of bringing something under fiscal control or making it subject to taxation.
- Financial: Pertaining to finance in a general sense (broader than "fiscal").
- Monetary: Relating to money, especially the money supply, as controlled by a central bank (distinct from "fiscal," which relates to government taxation and spending).
- Budgetary: Relating to a budget, which is a component of fiscal policy.
Fiscal year (FY): A one-year period used for accounting and budget purposes by governments and businesses, which may not align with the calendar year.
- The grant must be used within the current fiscal year.
Fiscal responsibility: The concept of managing public finances in a prudent, sustainable manner.
- Voters were concerned about the candidate's record on fiscal responsibility.
Fiscal space: The capacity of a government to provide financial resources for public purposes without jeopardizing its fiscal sustainability.
- The country has limited fiscal space for new social programs.
- involving financial matters
- fiscal responsibility