Define: Forecast

UK Accounting Glossary

Definition: Forecast

Quick Summary of Forecast

Estimate of future performance and position based on stated assumptions and usually including a quantified amount.

What is the dictionary definition of Forecast?

Dictionary Definition

An estimation of a future condition.


Full Definition of Forecast


Forecast FAQ's

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Forecast. Payroll & Accounting Heaven Ltd. November 22, 2019
Chicago Manual of Style (CMS):
Forecast. Payroll & Accounting Heaven Ltd. (accessed: November 22, 2019).
American Psychological Association (APA):
Forecast. Retrieved November 22, 2019, from website:

Definition Sources

Definitions for Forecast are sourced/syndicated from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 23rd December 2018.