Fiscal year Fiscal year A fiscal year (or financial year, or sometimes budget year) is the period used by governments for accounting and budget purposes, which varies between countries. It is also used for financial reporting by business and other organizations. Laws in many jurisdictions require company financial reports to be prepared and published on an annual basis, but generally do "not" require the reporting period to align with the calendar year (1 January to 31 December). Taxation laws generally require accounting records to be maintained and taxes calculated on an annual basis, which usually corresponds to the fiscal year used for
Word sense Examples are the variation in senses of the term "wood wool" and in those of the word "bean". This pattern entails that natural language can often lack explicitness about hyponymy and hypernymy. Much more than programming languages do, it relies on context instead of explicitness; meaning is implicit within a context. Common examples are as follows: Usage labels of ""sensu"" plus a qualifier, such as ""sensu stricto"" ("in the strict sense") or ""sensu lato"" ("in the broad sense") are sometimes used to clarify what is meant by a text. Polysemy differs from homonymy, where two different words (lexemes) happen to