The set period for which a company accounts for its income, expenses, and results.
Natural examples
Das Geschäftsjahr endet bei uns im September.
Our financial year ends in September.
Im letzten Geschäftsjahr stieg der Umsatz deutlich.
Revenue rose significantly last financial year.
Der Bericht vergleicht drei Geschäftsjahre.
The report compares three financial years.
Usage note
Geschäftsjahr is neuter; its plural is Geschäftsjahre. It often lasts twelve months but need not match the calendar year.
Mini-lesson: Geschäftsjahr
The set period for which a company accounts for its income, expenses, and results. Geschäftsjahr is neuter; its plural is Geschäftsjahre. It often lasts twelve months but need not match the calendar year.
Check your learning
Choose one answer.Which definition matches «Geschäftsjahr»?
