interim financial statement

Definition

Accounting

  • noun a financial statement that covers a period other than a full financial year. Although UK companies are not legally obliged to publish interim financial statements, those listed on the London stock exchange are obliged to publish a half-yearly report of their activities and a profit and loss account which may either be sent to shareholders or published in a national newspaper. In the United States, the practice is to issue quarterly financial statement.
http://www.dictionarycentral.com/definition/interim-financial-statement.html