'forecasting' definitions:

Definition of 'forecasting'

From: WordNet
noun
A statement made about the future [syn: prediction, foretelling, forecasting, prognostication]

Definition of 'forecasting'

From: GCIDE
  • 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]