Meaning of Forecast (What it is, Concept and Definition)

Forecast is an expression in the English language that, depending on the context in which it is used, can have several meanings. It is a feminine noun of two genders and also a verb:

1 – prediction, prophecy and prognosis;

2 – prevention, forethought and providence;

3 – design, plan and calculation;

4 – predict, predict, and predict;

5 – premedit, prevent and “calculate” beforehand;

6 – design and plan.

Forecast is an expression used in the financial administrative area of ​​companies. The concept of Forecast, also called "revised budget", is a method of forecasting, analyzing and reviewing a budget, based on the company's current situation, however, depending on the volatility of the markets, this forecast may change. Therefore, learning to identify and adapt to new variations is the purpose of Forecast.

Weather Forecast means “weather forecast”. It is the expression used by weather agencies to forecast changes in weather, such as weather, snow forecast, wave forecast, cyclone forecast, etc.

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