pro forma

pro for·ma

adjective \(ˌ)prō-ˈfȯr-mə\

Definition of PRO FORMA

1

: made or carried out in a perfunctory manner or as a formality

2

: 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