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Geschäftsjahr

fiscal year, financial year

noun geh-SHEFTS-yar Rare
Time Time Expressions

Usage Note

Geschäftsjahr denotes the twelve-month accounting period a company uses for financial reporting. It does not have to coincide with the calendar year. Common in annual reports and press releases: das abgelaufene Geschäftsjahr ('the past fiscal year').

Examples

"Das Geschäftsjahr endete mit einem Rekordgewinn für den Konzern."

Natural Translation

The fiscal year ended with a record profit for the group.

Literal Translation

The business-year ended with a record-profit for the group.

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