Financial Forecast (Noun)
Meaning
A forecast of the expected financial position and the results of operations and cash flows based on expected conditions.
Classification
Nouns denoting communicative processes and contents.
Examples
- The company's financial forecast predicted a significant increase in revenue and profits over the next quarter.
- To make informed investment decisions, it's essential to review the financial forecast of the company.
- The financial forecast for the new project indicated a high likelihood of success and a substantial return on investment.
- The CEO presented a detailed financial forecast to the board of directors, outlining the company's expected performance over the next year.
- The financial forecast was used to identify potential areas of concern and to develop strategies to mitigate any risks.