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TeachMeFinance.com - explain Fiscal year (FY) Fiscal year (FY) The term 'Fiscal year (FY)' as it applies to the area of nuclear science can be defined as ' The 12-month period from October 1 through September 30 used by the Federal Government for budget formulation and execution. The fiscal year is designated by the calendar year in which it ends; for example, FY 2009 runs from October 1, 2008, through September 30, 2009. '. Previous 5 Terms: First purchase price First Responder Fiscal Intermediary Fiscal year Fiscal Year Next 5 Terms: Fish and Wildlife Service (FWS) Fish and Wildlife Service (FWS) Fish farming Fish ladder (fishway) Fish weir About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.