financial plan
- A comprehensive evaluation of an individual's current and future financial state by using currently known variables to predict future cash flows, asset values, and withdrawal plans. nounThe couple met with a financial advisor to create a financial plan for their retirement.A solid financial plan can help you achieve your long-term financial goals.
- A strategic plan that outlines how a business will manage its financial resources to achieve its objectives, including budgeting, forecasting, and investment strategies. nounThe startup developed a financial plan to secure funding from investors.A well-structured financial plan is essential for the growth of any business.