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fiscally

B2
adverb

Pronunciation

UK

  • /fˈɪskəli/

US

  • /ˈfɪskəli/

Description

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.

Examples

  1. 1

    State budget

    The state is in much better shape fiscally than it was five years ago.

  2. 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. 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. 4

    Company finances

    The board wants the company to be more fiscally responsible next year.

  5. 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