calendar year


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calendar year

The interval of time that is the basis of a calendar. The Gregorian calendar year contains an average of 365.2425 days.

calendar year

[′kal·ən·dər ‚yir]
(astronomy)
The year in the Gregorian calendar, common years having 365 days and leap years 366. Also known as civil year.
References in periodicals archive ?
Domestic production experienced its third consecutive year-on-year increase since calendar year 2004 due to an increase in production for overseas markets.
In calendar year 2005, Nissan's sales in the UK reached 102,048 units, down 2.
A plan adopted before December 31, 2005, may be amended during 2005 to allow an employee to terminate participation or cancel a deferral election during calendar year 2005, provided the amounts involved are includable in the participant's income in the year they are earned and vested.
for distributions for the 2001 and subsequent calendar years beginning before the effective date of final regulations, plan sponsors are permitted, but not required, to follow these proposed regulations, in the operation of their plans by adopting the model amendment set forth [in the preamble].
Specifically, for the year 2000, the allocated rent ($100,000) does not exceed the rent allocated as of the close of 2001 ($100,000); for 2001, the cumulative allocated rent ($200,000) does not exceed the cumulative rent paid as of the close the succeeding calendar year ($200,000); likewise, the cumulative allocated rent through 2003 ($300,000) does not exceed the cumulative rent paid as of the close of 2004 ($400,000).
1) A bank, savings association, or credit union is exempt from the requirements of this regulation for a given calendar year if on the preceding December 31:
Second, the aggregated income of all persons occupying the apartment as their primary residence (excluding bona fide sub-tenants and employees) must exceed $250,000 for the prior two calendar years.
Production in Japan for the first half of calendar year 2014 experienced a year-on-year increase for the first time in two years (since the first six months of 2012).
Alternatively, if a business employs 25% of its total property, payroll or gross receipts in Ohio during a calendar year, it will have nexus with the state and be subject to the CAT; see ORC [section] 5751.
A resident alien is a person who is a legally permanent resident alien at any time during the calendar year.
For example, a calendar year individual taxpayer makes this election on his or her 2001 return.