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financial forecast

financial forecast

1 3.8
An estimate of a company's future income, costs, and money coming in and out
  • noun
  • /faɪˈnænʃəl ˈfɔrˌkæst/
translation icon : pronóstico financiero
  • Based on the financial forecast, we need to reduce expenses to stay profitable next year.

Examples

  • 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.

  • Investors closely examined the financial forecast before deciding to fund the startup.

Synonyms

projection
vsfinancial forecast
137 4.4

An estimate of a future result based on past and present data

is specific to a company's future finances and uses expected assumptions

How Certain

financial forecast
1 3.8
projection
137 4.4
to estimate
765 2.8
guess
768 1.0

Surface Forms

Morphology

financial + forecast

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.