What does year end estimate mean?
Definitions for year end estimate
year end es·ti·mate
This dictionary definitions page includes all the possible meanings, example usage and translations of the word year end estimate.
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Year End Estimate
A year-end estimate refers to an approximate calculation or prediction made at the end of a fiscal or calendar year. It is typically used in financial contexts to estimate the results, performance, or outcomes for the entire year based on the available data up until that point. Year-end estimates are often utilized by individuals, businesses, organizations, or government bodies to project revenues, expenses, profits, losses, growth rates, or other financial indicators. These estimates serve as a tool for planning, budgeting, evaluating performance, or setting goals for the upcoming year. However, it's important to note that year-end estimates are forecasts and are subject to change based on actual results and external factors.
Editors Contribution
Year End Estimate
YEE: An accounting acronym used to provide a forecast of the end of year performance based on the current trend of affairs. It is matched with respect to the annual budget.
Submitted by rinat on September 16, 2019
Numerology
Chaldean Numerology
The numerical value of year end estimate in Chaldean Numerology is: 5
Pythagorean Numerology
The numerical value of year end estimate in Pythagorean Numerology is: 2
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Translations for year end estimate
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"year end estimate." Definitions.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.definitions.net/definition/year+end+estimate>.
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