Financial Year Financial Glossary

What is it? Our financial year starts on 1 April and ends on 31 March.

Finance Term Definition Added By: Thomas

The Financial Year definition has been viewed 2625 Time(s)!

Send To Friends!

If you'd like to send the Financial Year definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Financial Year. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Trust is A legal arrangement whereby control over property is transferred to a person or organization (the trustee) for the benefit of someone else (the beneficiary). Trusts are created for a variety of reasons, including tax savings and improved asset management.

Financial Term Organized Market is A central physical location where exchange of securities takes place under a set of rules and regulations. This type of market is also referred to as Auction Market.

Financial Term par line is The parity price at which the yield of a mortgage-backed bond equals its net coupon rate. Because of the delay days, the par line is not 100 but instead is somewhat lower. Par line is not constant for different coupon rates at different delay days. However, it is not a function of prepayment speeds.

Financial Term Conventional Mortgage is A regular loan that may be privately insured, but is not insured or guaranteed by the government.

Financial Term HSPC is Highly speculative