Forecast or prognosticate is a term used to describe the act of predicting future events. It is often used in the context of weather forecasting, but can also be applied to other areas such as economics, politics, and sports. The seven-letter crossword solution for this term is 'PREDICT, ' which accurately captures the essence of the term. Predicting the future is an inexact science, but it is a skill that has been honed over centuries and is still used today.