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Fiscal derives from the Latin noun fiscus, meaning "basket" or "treasury." In ancient Rome, fiscus was the term for the treasury controlled by the emperor, where the money was literally stored in baskets and was collected primarily in the form of revenue from the provinces. Fiscus also gave English confiscate, which is most familiar as a verb meaning "to seize by or as if by authority," but it can additionally refer to the forfeiting of private property to public use. Today, we often encounter fiscal in "fiscal year," a 12-month accounting period not necessarily coinciding with the calendar year.
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Examples of fiscal in a Sentence
Chuck Jones, Forbes, 24 Dec. 2024
The law could spur state and county governments to use the federal government's Systematic Alien Verification for Entitlements program to vet applicants for public benefits, according to the fiscal analysis published in July by the state Joint Legislative Budget Committee.
—Ray Stern, The Arizona Republic, 24 Dec. 2024
Trefis Team, Forbes, 29 Nov. 2024
This is substantiated by the fact that the company’s gross margin in business has largely remained intact in the nine months of operations in the current fiscal at ~45% as compared to the last fiscal.
—Trefis Team, Forbes, 28 Oct. 2024
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Cite this Entry
“Fiscal.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/fiscal. Accessed 30 Dec. 2024.
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fiscal
adjective
Adjective
Latin fiscalis, from fiscus basket, treasury
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