決算(けっさん)期(き)

けっさんき
noun
fiscal closing period; accounting period; settlement term
businessfinance
1. fiscal closing period; accounting period; settlement term
The period at the end of which a company closes its books and settles its financial statements, typically the end of a fiscal year or quarter. In Japan many companies use a March closing.
決算(けっさん)期(き)が近(ちか)づいてきた。
The fiscal closing period is approaching.
The accounting department gets busy during the closing period.
Many Japanese companies use March as their fiscal closing period.

A business and accounting term referring to the time a company settles its accounts.

Common collocations

Similar words