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This is a list of abbreviations used in a business or financial context. ... FY – Fiscal year or Financial year; ... $225K would be understood to mean $225,000, and ...
In Australia, a fiscal year is commonly called a "financial year" (FY) and starts on 1 July and ends on the next 30 June. Financial years are designated by the calendar year of the second half of the period. For example, financial year 2025 is the 12-month period ending on 30 June 2025 and can be referred to as FY2024/25.
The federal government uses a fiscal year from Oct. 1 to Sept. 30, so companies doing a lot of business with the government may adopt a similar fiscal calendar.
The 52–53-week fiscal year (or 4–4–5 calendar) is used by companies that desire that their fiscal year always end on the same day of the week.Any day of the week may be used, and Saturday and Sunday are common because the business may more easily be closed for counting inventory and other end-of-year accounting activities.
Quarter-to-date (QTD) is a period starting at the beginning of the current quarter and ending at the current date.Quarter-to-date is used in many contexts, mainly for recording results of an activity in the time between a date (exclusive, since this day may not yet be “complete”) and the beginning of either the calendar or fiscal quarter.
Defensive strategy to provide time to plan or produce a better solution Cover all directions of the compass Ensure the product specification covers everything Create the storyboard Outline what the solution will look like Deep dive Get into the detail Drill down Investigate in depth [1] Flogging a dead horse: Wasting efforts [1]
Knowing the meaning of these terms will keep anyone with a phone, social media, or even just web access from being constantly confused in the digital world! The post 35 Text Abbreviations You ...
Trailing twelve months (TTM) is a measurement of a company's financial performance (income and expenses) used in finance.It is measured by using the income statements from a company's reports (such as interim, quarterly or annual reports), to calculate the income for the twelve-month period immediately prior to the date of the report.