A company's projection of its future sales revenue. It is an estimate of how much a company expects to sell its product or service within a specific time period, such as a quarter or a year. This type of projection helps a company make decisions including budgeting and hiring.
Example: The CEO asked the head of sales to put together a sales forecast for both the next quarter and the entire year.
Variations: revenue forecast, sales projection, revenue projection
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Question: What does "Calendar Invite" mean?
(A) When a person wants to meet with you next week.
(B) An email sent to schedule a meeting with the option to either accept or decline the meeting at the scheduled time.
(C) When a person has available time on their calendar to meet with you.
(D) When a person does not have any time to meet with you.
Answer: Find out the right answer here.
Jargonism is a Business English dictionary. You can learn about words and phrases that are commonly used in the workplace like Circle Back, Thought Leader, and Offsite. We also have a Word of the Day, which is a daily Business English vocabulary word that is commonly used in the workplace.
On this site, we also have templates on how to communicate effectively at work, such as requesting PTO, declining a promotion, and taking a sick day.
Date: 04/19/2025
Word: Close It Out
Definition: To mark something as completed.
Example: This task has been fixed, so let's close it out within the task tracker.
"Sales Forecast." Jargonism.com Dictionary, https://jargonism.com/words/1749. Accessed 04/19/2025.