The traditional fiscal year's end. Year-end adjective definition (Entry 2 of 2): created, happening, or existing at the end of a year-end report. Financial year end: The end of the financial year. This is typically reported as when annual accounts are prepared for submission to regulators. Accounting: The process of keeping track of transactions and other events that have affected the amount of money you have received or been owed over a period of time. The accountant records information about customers' purchases, sales, bills paid, and other activities that affect cash flow. He or she may also record information such as depreciation expenses or income from investments. Accountants use this information to prepare reports that show how your business performed during the year and what changes should be made in order to avoid problems in the future. End of year means the last day of the year. End of year celebration (Entry 1 of 2): an event held to mark the end of a year. End of year party (Entry 2 of 2): a social gathering held at the end of the year that includes giving gifts and eating special foods. Christmas and New Year are two common end of year celebrations. At Christmas, people give gifts and eat food that has a religious meaning.