forecasting

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fore·cast

 (fôr′kăst′)
tr.v. fore·cast or fore·cast·ed, fore·cast·ing, fore·casts
1. To estimate or predict in advance, especially to predict (weather conditions) by analysis of meteorological data. See Synonyms at predict.
2. To serve as an advance indication of; foreshadow: price increases that forecast inflation.
n.
A prediction, as of coming events or conditions: The weather forecast stated that it would rain.

[Middle English forecasten, to plan beforehand : fore-, fore- + casten, to throw, calculate, prepare; see cast.]

fore·cast′a·ble adj.
fore′cast′er n.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.forecasting - a statement made about the future
statement - a message that is stated or declared; a communication (oral or written) setting forth particulars or facts etc; "according to his statement he was in London on that day"
extropy - the prediction that human intelligence and technology will enable life to expand in an orderly way throughout the entire universe
fortunetelling - the practice of predicting people's futures (usually for payment)
horoscope - a prediction of someone's future based on the relative positions of the planets
meteorology, weather forecasting - predicting what the weather will be
forecast, prognosis - a prediction about how something (as the weather) will develop
divination, prophecy - a prediction uttered under divine inspiration
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
The money to fund popular services will shrink by 90 per cent as adult social care and other statutory responsibilities soak up almost all of the cash they spend, according to the financial projection by the Local Government Association.
The GASB's proposal would have governments include the financial projection information discussed in the PV within the CAFR, which is then provided to investors.
Provides individualized business counseling pertaining to Internet technology assistance, financial projection, business planning, marketing and promotion as well as production management.
In addition, provides valuation related services regarding corporate and strategic planning assistance in the following areas: Industry and Economic Studies Security Offering Memorandums Business Plan and Financial Projection Review Acquisition Structuring Transaction Negotiation Assistance
The company added that while it had positive growth last year, the "slowdown in the economic activity, both globally and regionally, means that we are not in a position to give any financial projection for the year 2009."
Entrepreneurs often attempt to build a business without a blueprint-a comprehensive financial forecast or financial projection. A financial forecast assumes the business' operations will continue on a set course, with no major changes.
Therefore, projecting revenues accurately becomes the financial projection's most difficult component.
"We wanted to interface our IBS system with financial projection software that would help us make good investment decisions relative to managing our portfolio, and provide accurate and timely information for the investment community," explained Jon Grisham, vice president/director of financial reporting for Acadia.
A financial projection, on the other hand, is based on one or more hypothetical assumptions.

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