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Community: Investing Wiki

Term Of The Hour

what fiscal year: Original post by Valerie Madison of Demand Media "Fiscal year" simply means a 12-month period during which finances are tracked. When the fiscal year begins depends on the individual firm it applies to. The fiscal year might begin and end at any time; each firm chooses when to begin its fiscal year. Governments use the term for tax purposes and their own budgeting, too, defining when…

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