Sales forecast

A key input to a firm's financial planning process. External sales forecasts are based on historical experience, statistical analysis, and consideration of various macroeconomic factors. The New York Times Financial Glossary

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sales forecast UK US noun [C] FINANCE, COMMERCE
a statement of what the amount or value of a company's sales is likely to be in the future, based on information available now about the market, past sales, etc.: provide/issue a sales forecast »

Executives issued a disappointing sales forecast.

»

cut/reduce/slash a sales forecast


Financial and business terms. 2012.

Look at other dictionaries:

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  • forecast — ▪ I. forecast fore‧cast 1 [ˈfɔːkɑːst ǁ ˈfɔːrkæst] noun [countable] ECONOMICS a description of what is likely to happen in the future, based on information that is available now: • The figures for 2001 are forecasts, the others are actuals. • a… …   Financial and business terms

  • forecast — fore|cast1 [ˈfo:ka:st US ˈfo:rkæst] n a description of what is likely to happen in the future, based on the information that you have now →↑prediction ▪ The weather forecast is good for tomorrow. profit/sales/growth forecast ▪ the company s… …   Dictionary of contemporary English

  • forecast — 1 noun (C) a description of what is likely to happen in the future, based on information that is available now: the company s annual sales forecast | the weather forecast 2 past tense and past participle forecast or forecasted verb (T) to make a… …   Longman dictionary of contemporary English

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