"for financial year" vs "in financial year"

Question

"for financial year" vs "in financial year"

Both "for financial year" and "in financial year" are commonly used phrases in English, but they are used in different contexts. "For financial year" is typically used when referring to a specific period of time or duration, while "in financial year" is used when talking about events or activities that occur within that specific financial year.

Last Updated: March 22, 2024

This phrase is used to indicate a time frame or duration related to financial matters, such as budgeting, reporting, or planning.

Examples:

The budget for financial year 2022 has been approved.
The company's financial performance for financial year 2021 was outstanding.
We need to finalize the financial statements for financial year 2023.
The audit will cover the transactions for financial year 2020.
The tax returns for financial year 2019 are due next month.

Alternatives:

for the financial year
during the financial year
over the financial year
throughout the financial year
across the financial year

This phrase is used to describe actions, occurrences, or developments that take place during a particular financial year.

Examples:

In financial year 2021, the company launched several new products.
The profits increased significantly in financial year 2020.
In financial year 2019, the company expanded its operations internationally.
The sales figures in financial year 2018 were lower than expected.
In financial year 2017, the company faced a financial crisis.

Alternatives:

during the financial year
within the financial year
throughout the financial year
over the financial year
across the financial year

Answer 1

for financial year

This phrase is correct and commonly used in English when referring to a specific period of time or duration.

Answer 2

in financial year

This phrase is correct and commonly used in English when referring to events or activities that occur within a specific financial year.

"for financial year" vs "in financial year"

for financial year

in financial year

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