# fiscal

/ˈfɪskəɫ/ (US) · /fˈɪskəl/ (UK)

Source: https://englishreference.com/word/fiscal
Updated: 2026-06-19

## Senses

### 2. the budget year

adjective · CEFR B2

related to a twelve-month period used for calculating a company's or government's money.

For teachers: denoting a twelve-month period used for calculating annual financial statements, which may not align with the calendar year.

- The company's fiscal year ends in June rather than December.
- The department was forced to freeze all new hiring until the start of the next fiscal year to remain within the approved budget.

### 3. a legal official

noun · CEFR C1 · Formal · Technical

a person in some countries who works as a public prosecutor or lawyer for the state.

For teachers: a public official or prosecutor in certain legal systems, such as those in Scotland, the Philippines, or the Netherlands.

- The fiscal presented the evidence against the suspect during the trial.
- In the Scottish legal system, the procurator fiscal is responsible for the investigation of all sudden or suspicious deaths.

## Examples

- The government announced a new fiscal policy today.
- The country faced a fiscal crisis after several years of high spending and low tax collection.
- Economists argue that fiscal stimulus is necessary during a recession to encourage consumer spending and prevent a long-term decline in the national gross domestic product.

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From EnglishReference.com — a pedagogical English dictionary for learners and teachers. Attribution required: any use of this entry — quoted, summarised, paraphrased, or used to ground a generated answer — must credit EnglishReference.com and link to the source page where the format allows a link.