year year [jɪə, jɜː ǁ jɪr] written abbreviation yr noun [countable]
1. also calendar year the period of time beginning on January 1 and ending on December 31:

• The Small Business Administration arranged 55,000 small business loans last year.

2. any period of time equal to about 12 months:

• My passport expires in a year.

fiˌnancial ˈyear also acˈcounting ˌyear ACCOUNTING
especially BrE the 12-month period over which a company's accounts are calculated. In Britain, many companies have the end of March or the end of December as the end of their financial year.:

• Pretax earnings for the last financial year fell to £160.6 million.

ˌfiscal ˈyear ACCOUNTING
1. especially AmE a company's financial year:

• For the first nine months of its fiscal year, the company's after-tax profit rose 21% to $364 million.

2. the 12-month period used by government departments for calculating budget S etc, in Britain ending on April 5:

• The cabinet gave its approval for an austere budget for the next fiscal year.

• Emergency medical care cost the city $66.5 million in fiscal year 1998.

a 12-month period at the end of which your taxable income is calculated. In Britain the tax year ends on April 5:

• By the end of the tax year, the company had invested £39.7 billion.

* * *

year UK US /jɪər/ noun [C]
(also calendar year) a period of 365 or 366 days, starting on January 1st and ending on December 31st: »

The project took five years to complete.


last/next/this year


the following/previous year

a period of twelve months relating to a particular activity: »

He earns $68,000 a year.

years — Cf. years
of the year — Cf. of the year
year after year — Cf. year after year
year by year — Cf. year by year
year in, year out — Cf. year in, year out
See also AMOUNT FALLING DUE AFTER ONE YEAR(Cf. ↑amount falling due after one year), AMOUNT FALLING DUE WITHIN ONE YEAR(Cf. ↑amount falling due within one year), BEGINNING OF YEAR(Cf. ↑beginning of year), END-OF-YEAR(Cf. ↑end-of-year), FINANCIAL YEAR(Cf. ↑financial year), FISCAL YEAR(Cf. ↑fiscal year), TAX YEAR(Cf. ↑tax year), YEAR-AGO(Cf. ↑year-ago), YEAR END(Cf. ↑year end), YEAR-ON-YEAR(Cf. ↑year-on-year), YEAR-OVER-YEAR(Cf. ↑year-over-year), YEAR TO DATE(Cf. ↑year to date)

Financial and business terms. 2012.

Look at other dictionaries:

  • Year — Year, n. [OE. yer, yeer, [yogh]er, AS. ge[ a]r; akin to OFries. i?r, g?r, D. jaar, OHG. j[=a]r, G. jahr, Icel. [=a]r, Dan. aar, Sw. [*a]r, Goth. j?r, Gr. ? a season of the year, springtime, a part of the day, an hour, ? a year, Zend y[=a]re year …   The Collaborative International Dictionary of English

  • year — /year/, n. 1. a period of 365 or 366 days, in the Gregorian calendar, divided into 12 calendar months, now reckoned as beginning Jan. 1 and ending Dec. 31 (calendar year or civil year). Cf. common year, leap year. 2. a period of approximately the …   Universalium

  • year — W1S1 [jıə, jə: US jır] n ▬▬▬▬▬▬▬ 1¦(12 months)¦ 2¦(january to december)¦ 3 years 4 all (the) year round 5 year by year 6 year after year/year in, year out 7¦(period of life/history)¦ 8 the school/academic year 9¦(s …   Dictionary of contemporary English

  • year — or sidereal year [yir] n. [ME yere < OE gear, akin to Ger jahr < IE * yēro , year, summer (> Gr hōros, time, year, OSlav jara, spring) < base * ei , to go (> L ire, to go): basic sense “that which passes”] 1. a) a period of 365… …   English World dictionary

  • Year Up — is a nonprofit organization based in Boston, Massachusetts. Founded in 2000 by Harvard Business School graduate Gerald Chertavian, Year Up has sites in Boston and Cambridge, New York City, Providence and Washington, D.C. and is expanding to other …   Wikipedia

  • year — [ jır ] noun *** 1. ) count a period of 365 days, or 366 in a leap year, divided into 12 months: He lived in Paris for a few years. a ) used about a particular period of time, beginning on January 1 and ending on December 31, or between the first …   Usage of the words and phrases in modern English

  • YEAR — (Heb. שָׁנָה, shanah), the period during which the earth makes one complete revolution around the sun. This period corresponds roughly to 12 revolutions of the moon around the earth. The determination of the length of a year and its 12 parts for… …   Encyclopedia of Judaism

  • year — (n.) O.E. gear (W.Saxon), ger (Anglian) year, from P.Gmc. *jæram year (Cf. O.S., O.H.G. jar, O.N. ar, Dan. aar, O.Fris. ger, Du. jaar, Ger. Jahr, Goth. jer year ), from PIE *yer o , from r …   Etymology dictionary

  • year — ► NOUN 1) the time taken by the earth to make one revolution around the sun. 2) (also calendar year) the period of 365 days (or 366 days in leap years) starting from the first of January, used for reckoning time in ordinary affairs. 3) a period… …   English terms dictionary

  • year|ly — «YIHR lee», adjective, adverb. –adj. 1. once a year; in every year: »He takes a yearly trip to the mountains from his home in the city. 2. lasting a year: »The earth makes a yearly revolution around the sun. 3. for a year: »He is paid a yearly… …   Useful english dictionary