pro forma


pro for·ma

adjective \(ˌ)prō-ˈfr-mə\

: done or existing as something that is usual or required but that has little true meaning or importance

Full Definition of PRO FORMA

:  made or carried out in a perfunctory manner or as a formality
:  based on financial assumptions or projections: as
a :  reflecting a transaction (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 :  excluding usually extraordinary charges or expenses (as from acquisitions, restructuring, or the write-down of goodwill) often in order to present a more attractive financial report <pro forma income>

Examples of PRO FORMA

  1. The meeting was strictly pro forma, since the decision had already been made.

Origin of PRO FORMA

Latin, for form
First Known Use: circa 1580

Other Business Terms

amortize, caveat emptor, clearinghouse, divest, due diligence, emolument, green-collar, marque, overhead, perquisite


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