definition
WOD

fiscal


Merriam-Webster’s Word of the Day for March 18, 2021 is:

fiscal • FISS-kul  • adjective

1 : of or relating to taxation, public revenues, or public debt

2 : of or relating to financial matters

Examples:

“Last year proved enormously successful for many of the largest names in US finance, as volatility and then unprecedented fiscal and monetary support in the engine room of global finance kept bankers and traders busier than at any time since the financial crisis.” — Alex Newman, Investors’ Chronicle, 8 Feb. 2021

“Stocks head into the week ahead with a tailwind, as investors focus on a hefty fiscal stimulus package and the solid earnings season against a backdrop of rising interest rates.” — Patti Domm, CNBC, 5 Feb. 2021

Did you know?

Fiscal derives from the Latin noun fiscus, meaning “basket” or “treasury.” In ancient Rome, fiscus was the term for the treasury controlled by the emperor, where the money was literally stored in baskets and was collected primarily in the form of revenue from the provinces. Fiscus also gave English confiscate, which is most familiar as a verb meaning “to seize by or as if by authority,” but it can additionally refer to the forfeiting of private property to public use. Today, we often encounter fiscal in “fiscal year,” a 12-month accounting period not necessarily coinciding with the calendar year.

Ken Saunders is a freelance writer for hire. He specializes in creating content that will drive traffic, convert readers and make your social media pop. He has been writing since 2012.His professional background is in Information Technology as well as Health and Wellness. His experience has given him a broad base from which to approach many topics. He especially enjoys researching and writing articles on the topics of Spirituality, Technology, Food, Travel, and the LGBT community. His articles have appeared in a number of e-zine sites, including Lifehack. Media, Andrew Christian, TogetherWeWin.com and Vocal.media. You can learn more about his services at http://www.ken-saunders.info.

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