Business / Finance / Forecast Period: Occurs when a convertible security is called in by the issuer, usually when the underlying stock is selling well above the conversion price. The issuer thus assures the bonds will be retired without requiring any cash payment. Upon conversion into common, the carrying value of the bonds becomes part of a corporation's equity, thus strengthening the balance sheet and enhancing future debt capability.
Forecast Noun Synonyms: predict, foretell, prophesy, prognosticate, foresee, augur, presage, vaticinate, anticipate, forewarn, calculate
Period Noun Synonyms: interval, time, term, span, duration, spell, space, stretch, while, patch
Business / Finance / Forecast Year: The month and year on which the forecast period begins. See also Forecast Year. MORE
Business / Finance / Forecasting: Most people choose the forecast year to coincide with either the January-December calendar year or the fiscal year of the business, but this is not a requirement. Depending on the forecast start month MORE