Meaning of “financial forecasting” in the English Dictionary

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"financial forecasting" in Business English

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financial forecastingnoun [ U ]


the activity of deciding what a company's financial position is likely to be in the future, for example what its costs, income, and profits will be:

Insurers make provisions in their financial forecasting for abnormal weather events.

(Definition of “financial forecasting” from the Cambridge Business English Dictionary © Cambridge University Press)