Meaning & Definition of word "Fisc"

Fisc

/fɪsk/

1. A public treasury or revenue system, especially in the context of government finances.
- Example: The government's fisc showed a significant deficit this quarter due to increased spending on social programs.
2. The financial resources or revenues of a state or organization.
- Example: Measures were put in place to ensure that the fisc remained stable despite the economic downturn.
3. The collective financial assets of a state, including taxes and public funds.
- Example: The minister outlined his plan to reform the nation's fisc to make it more efficient and transparent.

●From Latin 'fiscus', meaning 'basket' or 'treasury'.

public fisc:

The collective financial resources of a government.

fiscally responsible:

Being prudent and careful with financial decisions.

fiscal:

Relating to government revenue, especially taxes.

fiscally:

In a manner relating to government revenue or financial matters.

Meaning: Refers to tight finances or budget constraints.

● Example Sentence: After trimming the budget, the department was in a fisc pinch.

Meaning: Used informally to discuss government spending habits.

● Example Sentence: The new policy is definitely a fisc fail.