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TeachMeFinance.com - explain Fiscal Year Fiscal Year The term 'Fiscal Year ' as it applies to the area of Medicare in the United States can be defined as ' For Medicare, a year-long period that runs from October 1st through September 30th of the next year. The government and some insurance companies follow a budget that is planned for a fiscal year'. Previous 5 Terms: First purchase (of crude oil) First purchase price First Responder Fiscal Intermediary Fiscal year Next 5 Terms: Fiscal year (FY) Fish and Wildlife Service (FWS) Fish and Wildlife Service (FWS) Fish farming Fish ladder (fishway) About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.