pro forma
Definition
Assumed, forecasted, or informal information presented in advance of the actual or formal information. The common objective of a pro forma document is to give a fair idea of the cash outlay for a shipment or an anticipated occurrence. Pro forma financial statements give an idea of how the actual statement will look if the underlying assumptions hold true. Latin for, according to form or for form's sake.
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pro forma is in the Accounting & Auditing and Banking, Commerce & Finance subjects.
pro forma appears in the definitions of the following terms: business plan, percentage of sales method, master budget and resolution to borrow
pro forma appears in these other terms: pro forma statement, pro forma results, pro forma invoice
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