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English definition of “revenue forecast”

revenue forecast

noun [C]    
ACCOUNTING, FINANCE a calculation of the amount of money that a company will receive from sales during a particular period : The internet hosting company revealed that it had missed revenue forecasts by 20%.
TAX a calculation of the amount of money that a government will receive in taxes in a particular period : Eleven states , including California, Florida, and New York, have lowered their revenue forecasts for the coming year .
(Definition of revenue forecast noun from the Cambridge Business English Dictionary © Cambridge University Press)
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