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  1. LeUyenHoc's Avatar

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    #1

    Fiscal year - Financial year

    Hi,

    Would you tell me if "fiscal year" and "financial year" are similar?

    Ex: Since the inflation began, we have not cared of the coming fiscal/financial year.

    Thanks.

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    #2

    Re: Fiscal year - Financial year

    Quote Originally Posted by LeUyenHoc View Post
    Hi,




    Would you tell me if "fiscal year" and "financial year" are similar? yes, very similar
    "fiscal year" seems more common, at least when talking about governments.

    Ex: Since the inflation began, we have not cared of the coming fiscal/financial year. This is not a good sentence. I don't know what it is supposed to mean.

    Thanks.
    2006


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    #3

    Re: Fiscal year - Financial year

    Note that inflation cannot begin.


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    #4

    Re: Fiscal year - Financial year


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    #5

    Re: Fiscal year - Financial year

    Quote Originally Posted by IvanV View Post
    Note that inflation cannot begin.
    why not


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    #6

    Re: Fiscal year - Financial year

    Quote Originally Posted by 2006 View Post
    why not
    Inflation is defined as a rise over certain time.
    It is commonly acceptable to say 'inflation began', but it's not good English among economists, nor it should be otherwise.
    If, on the other hand that certain time period is a part of greater period of observance, it is acceptable to say so. But, again, in context LeUyenHoc provided, it does not appear to be logical.

    Some other contexts may seem better for it:
    e.g. began to climb/rise, began to accelerate.
    I.

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    #7

    Re: Fiscal year - Financial year

    Quote Originally Posted by IvanV View Post
    Inflation is defined as a rise over certain time.
    It is commonly acceptable to say 'inflation began', but it's not good English among economists, nor it should be otherwise.
    If, on the other hand that certain time period is a part of greater period of observance, it is acceptable to say so. But, again, in context LeUyenHoc provided, it does not appear to be logical.

    Some other contexts may seem better for it:
    e.g. began to climb/rise, began to accelerate.
    I.
    It is true that in most instances there will be a rise in inflation rather than an actual beginning. And mostly a 'beginning of inflation' will be understood to mean that an acceleration of inflation has begun.
    But there are uncommon periods of deflation, and then when inflation starts again there will be a true beginning of inflation again.
    Last edited by 2006; 03-Aug-2008 at 22:04. Reason: correct typo

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    #8

    Re: Fiscal year - Financial year

    Hi,

    I enjoy your ideas. Thanks


    Quote Originally Posted by IvanV View Post
    Note that inflation cannot begin.
    Would you tell me how I can say more correctly? Thanks.

    Quote Originally Posted by 2006
    Since the inflation began, we have not cared of the coming fiscal/financial year. This is not a good sentence. I don't know what it is supposed to mean.
    I meant with the appearance of inflation, we have not paid attention to the government's financial policies or what related to money and economy in the coming year. I am very pleased if you and other members make this sentence better.

    Thanks

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    #9

    Re: Fiscal year - Financial year

    Quote Originally Posted by LeUyenHoc View Post
    Hi,



    I meant with the appearance of inflation, we have not paid attention to the government's financial policies or what related to money and economy in the coming year.
    Thanks
    Who is "we"? Is someone speaking for the government or for a company, or is an ordinary person speaking? Ordinary people wouldn't say "fiscal year" and probably also wouldn't say "financial year".

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    #10

    Re: Fiscal year - Financial year

    Quote Originally Posted by 2006 View Post
    Who is "we"? Is someone speaking for the government or for a company, or is an ordinary person speaking? Ordinary people wouldn't say "fiscal year" and probably also wouldn't say "financial year".
    we = My friends and I.

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