financial forecast
- noun
- /faɪˈnænʃəl ˈfɔrˌkæst/
- Based on the financial forecast, we need to reduce expenses to stay profitable next year.
Examples
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The starting point for this analysis was a long-range financial forecast that suggested the need for a combination of additional revenues and expenditure reductions totaling $39.6 million in order to provide general revenue funding through the year ending Aug. 31, 2002.
Academic text (2000) -
A realization that the long-range financial forecast predicted the revenue line would dip below the expense line in 2015-2016 forced Penn State to make a change, officials said.
Blog text (17) -
Examples of these are a formal business plan with a financial forecast and evidence of how they might fund premises, training, staff, and so on.
Academic text (2012) -
It's better to approach a lender with a positive financial forecast than when your balance sheet reflects a recession.
Academic text (2009) -
"The district's financial forecast for 2014-15 is not sustainable or viable, and the reserve would no longer exist," she added.
Blog text (1) -
Renesas is now reviewing the impact on the financial forecasts for the fiscal year ending March 2013.
Blog text (19) -
In the treasurer's latest five-year financial forecast, the financial situation for the district if the renewal passes and if it does not pass is included in the projection.
Blog text (28) -
She appointed a Special Master to help the parties make financial forecasts, and five months later the parties reached a revised settlement providing for uncapped settlement payments.
Academic text (2017) -
The company's financial forecast predicts an increase in revenue for the next quarter.
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Investors closely examined the financial forecast before deciding to fund the startup.
Synonyms
An estimate of a future result based on past and present data
How Certain
Surface Forms
Morphology
The meaning is directly derivable from combining 'financial' (relating to money) with 'forecast' (an estimate of future conditions). This adjective + noun composition is a straightforward, cross-linguistically common pattern, so a B1 learner who knows both constituents will understand the phrase.
Etymology
Financial forecast is like a weather report for money: the word forecast gives the image of looking ahead, and financial shows it is about a business's money. So a financial forecast is an 'estimate' of future income and expenses and helps companies plan.