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fiscal

UK/ˈfɪskəl/US/ˈfɪskəl/
adjectiveC1Occasional — familiar, but not everyday · #9,280 of 15,258mostly written

Fiscal means having to do with public money and taxation. Fiscal policy, the fiscal year, fiscal responsibility.

Fiscal policy is government spending and taxation, as against monetary policy, which is interest rates and the money supply — the two are run by different bodies in most countries and that separation is deliberate. The fiscal year is the accounting year, which in Britain runs from April. Note that the Latin fiscus was a basket, then the public treasury kept in one.

Definitions of fiscal

  1. 1adjectivefiscalHaving to do with public money and taxation.C1

    “The fiscal year runs about twelve months from April.”

fiscal is a quality relating to public money.

Where it comes from

Latin fiscalis comes from fiscus, a basket or purse, and then the public treasury. The word for the state's money began as the word for the bag it was carried in.

  1. Latin

    fiscus — treasury

  2. Middle French

    fiscal

  3. English, today

    fiscal

From Middle French fiscal, from Latin fiscus (“treasury”) – see fiscus and fisc.

Etymology from Wiktionary, CC BY-SA

Practised in Business & Money

Practise this word

fiscal in the wild

  • Both fiscal and monetary policies influence a country's economic performance.

    Fiscal policy

  • The government budget balance, also referred to as the general government balance, public budget balance, or public fiscal balance, is the difference between government revenues and spending.

    Government budget balance

  • In the Northern Hemisphere, the most common shifted fiscal year is July to the next June, but other practices exist, such as April to the next March.

    Fiscal year

  • For countries in the Southern Hemisphere, the fiscal year normally coincides with the calendar year, January to December.

    Fiscal year

  • The Fiscal Compact is the fiscal chapter of the Treaty (Title III).

    European Fiscal Compact

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From Wikipedia, CC BY-SA 4.0. These sentences were written by other people about their own subjects; they are here to show the word at work, not as anybody’s opinion.