forecasting fore"cast*ing n. The process of calculating and predicting future events, usually based on extrapolation from past experience, and with varying degress of uncertainty.

Syn: prediction, foretelling. [WordNet 1.5 +PJC]

The Collaborative International Dictionary of English. 2000.

Look at other dictionaries:

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  • forecasting — The art of estimating future demand for goods or services by anticipating how buyers are likely to react under given sets of conditions. See qualitative forecasting techniques; quantitative forecasting techniques …   Big dictionary of business and management

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  • forecasting — / fɔ:kɑ:stɪŋ/ noun calculating what will probably happen in the future ● Manpower planning will depend on forecasting the future levels of production …   Marketing dictionary in english

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