The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

FULL-YEAR FORECAST Definition & Legal Meaning

Definition & Citations:

Year-ahead prediction of various financial and logistic needs for a business. Based on one or more prior years of business performance. It covers a range of business areas, mainly hiring and capital purchases. Intent is to revise appropriately to monthly analysis leading to adjustments. Analysis is based on actual performance and results. Used as a measure of improvement against former years.

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.