- fiscal
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connected with government taxes, debts, and spending:
• The fiscal deficit was estimated at $53,800,000 or 3.5% of gross national product.
• The current fiscal crisis is the result of overborrowing by the previous administration.
— fiscally adverb :• The mayor is proud of helping to keep the city fiscally sound (= well-managed ) during uncertain economic times.
• The President is pro-business and fiscally conservative.
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fiscal UK US /ˈfɪskəl/ adjective► ECONOMICS, GOVERNMENT, TAX relating to government finance and taxes: fiscal challenges/ issues/problems »With the serious fiscal challenges facing the federal government, agencies must maximize their ability to manage and safeguard valuable taxpayers' dollars.
fiscal deficit/surplus »Overall, the situation looks favourable in terms of the fiscal surplus he has projected.
»The governor said the fiscal crisis couldn't be solved by spending cuts alone, insisting the state needs additional revenue.
► mainly US FINANCE relating to money and finances: »Analysts said yesterday's settlement was unlikely to affect the company's fiscal health.
► mainly US ACCOUNTING relating to a period of 12 months, or a part of that period, used by a company to calculate and report its financial information: »The software company's fiscal third-quarter net income of $1.06 million, or 10 cents a share, fell short of Wall Street's expectations.
fiscally /ˈfɪskəli/ adverb► »It is fiscally irresponsible for us to spend money that we do not have.
Financial and business terms. 2012.