forechoice
/ˈfɒriˌtʃɔɪs/Definitions
1. noun
A decision or choice made before a situation arises, often involving some degree of uncertainty or risk.
“The company’s financial team had to make a forechoice about their budget for the new project.”
2. verb
To make a decision or choice before a situation arises.
“The investor had to forechoose between two different investment options.”