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Fiscally Meaning: Definition, Examples, and Translations

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fiscally

[ˈfɪskəli ]

Definition

Context #1 | Adverb

finance

relating to government revenue, especially taxes

Synonyms

economically, financially, monetarily.

Which Synonym Should You Choose?

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Word Description / Examples
fiscally

Use this word when talking about government revenue, expenditures, and budgeting. It often refers to national or public finance.

  • The government is aiming to be more fiscally responsible in the next fiscal year.
  • Fiscally, the country is facing significant challenges.
financially

Appropriate for scenarios involving individual or corporate finances, including income, expenses, and investments.

  • She is doing well financially thanks to her new job.
  • The company is financially sound and ready for expansion.
monetarily

Best used when discussing money in terms of value, transactions, or currency.

  • The compensation was quite satisfactory monetarily.
  • Monetarily, the project was a huge success.
economically

This term is suitable for discussing the broader economic system, including the production, distribution, and consumption of goods and services.

  • Economically, the new policy is expected to stimulate growth.
  • The region is economically diverse, with industries ranging from agriculture to tech.

Examples of usage

  • Fiscally responsible policies are needed to balance the budget.
  • The government is facing fiscally challenging times.

Translations

To see the translation, please select a language from the options available.

Interesting Facts

Economics

  • Fiscally responsible policies often focus on balancing budgets to avoid excessive debt and ensure long-term financial health.
  • Different governments adopt various fiscal strategies, such as austerity or stimulus measures, to manage their economies.

Pop Culture

  • The popular TV show 'The Office' features characters navigating workplace budgets, offering humorous insights into fiscal responsibility.
  • Many films portray characters dealing with financial crises, highlighting the importance of sustainable fiscal practices.

Politics

  • Fiscally conservative politicians often advocate for lower taxes and reduced government spending.
  • Debates around fiscal policies can significantly impact elections, with candidates presenting different visions for economic stewardship.

Psychology

  • Research in behavioral economics suggests that people's financial decisions can be influenced by emotions, impacting their fiscal behavior.
  • Being fiscally responsible is linked to greater life satisfaction, as individuals feel more secure and less stressed about money.

Origin of 'fiscally'

Main points about word origin

  • The term 'fiscally' comes from the Latin word 'fiscus', which means 'basket', used to hold revenue and tax money.
  • Originally, 'fiscal' referred to a treasury or a public revenue fund in early modern Europe.

The word 'fiscally' originated from the Latin word 'fiscus' which means 'treasury'. It has been used in English since the mid-19th century to describe matters related to government revenue and finance.

Word Frequency Rank

At rank #28,149, this word represents specialized academic or technical vocabulary. It's less frequently encountered but may be valuable in specific contexts.