incomeforecast
nounUK /ˈɪnkʌm ˈfɔːkɑːst/
US /ˈɪnkʌm ˈfɔːrkæst/
A guess about how much money you will get in the future.
The shop owner made an income forecast to plan for next year.
OTHER MEANINGS
2. A business estimate of the money a company expects to receive over a period.
The company's income forecast showed strong growth for the next quarter.
3. A personal plan estimating future wages or payments.
She used an income forecast to decide if she could afford a new car.
4. A financial tool used by governments to predict tax money.
The city's income forecast helped leaders set the yearly budget.