fiscally
B2Pronunciation
UK
- /fˈɪskəli/
US
- /ˈfɪskəli/
Description
- in terms of public money
- in budget matters
- in relation to taxes and spending
- in a way that affects government finances
When we describe something as being "fiscally" responsible, we are usually talking about how well a government or large organization manages its budget. Think of it like a family budget, but on a much larger scale; if a state is fiscally sound, it handles spending and tax income wisely and plans for the future. It is the adverb form of "fiscal," which relates mainly to taxes, public money, and government budgets. While you might use "financially" to talk about your own bank account, you would usually hear "fiscally" in discussions about government policy or economic health. For example, a project might be described as "fiscally unsustainable" if it costs more than the government or public budget can support.
"Fiscally" is an adverb used to describe matters related to the financial affairs of governments, public institutions, or large corporations. It specifically focuses on how money is raised through taxes, how it is allocated in budgets, and how debt is managed. While we all deal with money, "fiscally" carries a more formal, systemic weight than "financially." It is the word of choice for discussing the "big picture" of public economics.
You'll frequently encounter "fiscally" in political or economic reporting. A leader might be described as "fiscally conservative," meaning they prioritize lower taxes and reduced government spending. Alternatively, a city might be described as struggling "fiscally" if it cannot balance its budget or meet its revenue goals.
The word stems from the Latin "fiscus," which originally referred to a woven basket used for collecting and holding tax money. Over time, it evolved to represent the public treasury itself. It is important to note the nuance: while you could use the word for personal money matters, that sounds uncommon and very formal. Usually, you would reserve it for broader contexts, such as saying a city council must be "fiscally prudent" when allocating funds for new infrastructure. Ultimately, "fiscally" tells us whether the "public basket" is being handled with care.
Examples
- 1
State budget
The state is in much better shape fiscally than it was five years ago.
- 2
Political views
She describes herself as socially liberal but fiscally conservative.
Phrase
fiscally conservative
in favor of lower government spending and often lower taxes
- 3
Pension plan
The new pension plan is generous, but it may not be fiscally sustainable.
Phrase
fiscally sustainable
affordable over time without creating serious budget problems
- 4
Company finances
The board wants the company to be more fiscally responsible next year.
- 5
Tax policy
Any tax cut has to make sense not just politically, but fiscally.
Meaning
fiscally
from the point of view of public money and budgets
Forms and spellings
1 form open this card.
Main spelling
- fiscallyadverb