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- DictionaryPro for·ma/ˌprō ˈfôrmə/
adjective
- 1. done or produced as a matter of form: "pro forma reports"
adverb
- 1. as a matter of form or politeness: "he nodded to him pro forma"
noun
- 1. a standard document, form or financial statement: "please return the enclosed pro forma"
1. : made or carried out in a perfunctory manner or as a formality. 2. : based on financial assumptions or projections: such as. a. : reflecting a transaction (such as a merger) or other development as if it had been or will be in effect for a past or future period. a pro forma balance sheet. b.
Jul 16, 2024 · Pro forma, Latin for “as a matter of form” or “for the sake of form”, is a method of calculating financial results using certain projections or presumptions. Pro forma financials may not...
PRO FORMA definition: 1. Pro forma words or actions are usual or done in the usual way: 2. a list of things that have…. Learn more.
The term pro forma (Latin for "as a matter of form" or "for the sake of form") is most often used to describe a practice or document that is provided as a courtesy or satisfies minimum requirements, conforms to a norm or doctrine, tends to be performed perfunctorily or is considered a formality.
PRO FORMA meaning: 1. Pro forma words or actions are usual or done in the usual way: 2. a list of things that have…. Learn more.
Doing something pro forma means satisfying only the minimum requirements of a task and doing it in a perfunctory way: “Her welcoming address was strictly pro forma: you could tell that her mind was a million miles away.”. From Latin, meaning “by form.”. Discover More.
Pro forma is a Latin term meaning “as a matter of form” or “for the sake of form.” If you do something pro forma, you are probably not giving it much attention; you are just going through the motions.
Check pronunciation: pro forma. Definition of pro forma adjective in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
What does the word pro forma mean? There are five meanings listed in OED's entry for the word pro forma. See ‘Meaning & use’ for definitions, usage, and quotation evidence. pro forma has developed meanings and uses in subjects including.
Oct 28, 2021 · A pro forma financial statement leverages hypothetical data or assumptions about future values to project performance over a period that hasn’t yet occurred. In the online course Financial Accounting, pro forma financial statements are defined as “financial statements forecasted for future periods.
