Financial Forecasting
/ˌfaɪnænʃəl ˈfɔːrkæstɪŋ/
Definitions
- (n.) The process of estimating future financial outcomes based on historical data and legal regulatory standards.
The company relied on financial forecasting to prepare its compliance reports to regulators.
Forms
- financial forecasting
Related terms
See also
Commentary
In legal contexts, financial forecasting supports regulatory compliance and risk management, requiring accuracy aligned with statutory guidelines.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.