Forecasts
/ˈfɔːrkæsts/
Definitions
- (n.) Projections or estimates of future financial or business conditions used in legal and contractual contexts.
The contract requires the company to provide annual forecasts of revenue each quarter.
- (v.) Third-person singular present tense of forecast.
The expert forecasts a rise in damages awarded for similar cases.
Forms
- forecast
- forecasted
- forecasting
Related terms
See also
Commentary
As a plural noun, forecasts refer to multiple predictions, often used in financial or contractual analysis; as a verb, forecasts is the present tense of forecast.
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.