Recasting

Business / Real Estate / Recasting: The process of rewriting existing loans, especially when there is a default. The term and interest rate may be adjusted to take pressure off the borrower.

Forecasting

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

Numerical Forecasting

Science / Weather / Numerical Forecasting: The use of numerical models, such as the fundamental equations of hydrodynamics subjected to observed initial conditions, to forecast the weather. These models are run on high-speed computers at the N MORE

Normative Forecasting

Business / Human Resources (HR) / Normative Forecasting: A method of projecting future needs in order to determine what developments will be required to meet those needs. MORE

Variance Forecasting

Business / Human Resources (HR) / Variance Forecasting: A measure that utilizes a demand and availability forecast to determine whether an organization has the ability to meet future manpower needs. MORE

National Hurricane Center (NHC)

Science / Weather / National Hurricane Center (NHC): A branch of the Tropical Prediction Center, it is the office of the National Weather Service that is responsible for tracking and forecasting tropical cyclones over the North Atlantic, Caribbean, Gulf MORE

World Meteorological Organization (WMO)

Science / Weather / World Meteorological Organization (WMO): From weather prediction to air pollution research, climate change related activities, ozone layer depletion studies and tropical storm forecasting, the World Meteorological Organization coordinates gl MORE

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