- financial projections
USAFinancial projections are forecasts of income and related expenses that may include:• Projection of the company's sales or income.• Projection of expenses.• Estimated level of investment in current and fixed assets.• Calculation of the company's financing needs.Delivery of financial projections is a typical conditions precedent in a bank loan financing. In an acquisition finance the projections are particularly significant because they forecast operations of the company post-acquisition.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
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