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 meaning of a word. This process uses context to narrow the possible senses down to the probable ones. The context includes such things as the ideas conveyed by adjacent words and nearby phrases, the known or probable purpose and register of the conversation or document, and the orientation (time and place) implied or expressed. The disambiguation is thus context-sensitive. A word sense may correspond to either a seme (the smallest unit of meaning) or a sememe (the next larger unit of meaning), and polysemy is the property of having multiple semes or sememes and thus multiple senses. Often the senses