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Featured Word B1

fiscal (adjective)

Relating to government revenue, especially the government's income and spending. It often refers to financial matters concerning a country or public organization.

💡 Memory Tip

Think of a 'Fiscal' as a 'Financial Basket' (from the Latin 'fiscus'). The government puts all our tax money into this o...

🏛️ Origin

⚠️ Common Mistakes

Using 'physical year' instead of 'fiscal year'. → The company's fiscal year ends in June.

Saying 'The central bank changed fiscal policy.' → The central bank changed monetary policy.

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