Actuals

/ˈæk.tʃu.əlz/ noun

Definition

Plural of actual; in business and statistics, the real or observed values as opposed to estimates, budgets, or forecasts.

Etymology

From 'actual' (existing in fact or reality) plus '-s' plural suffix. Used extensively in finance and accounting where 'actuals' contrast with 'projections' or 'budgets.'

Kelly Says

In business, 'actuals versus budget' variance analysis is how companies track whether reality matched their predictions—a humbling exercise that shows how often our forecasts miss the mark.

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