Enter a word or phrase in any language 👆
Language:
Translation and analysis of words by ChatGPT artificial intelligence
On this page you can get a detailed analysis of a word or phrase, produced by the best artificial intelligence technology to date:
- how the word is used
- frequency of use
- it is used more often in oral or written speech
- word translation options
- usage examples (several phrases with translation)
- etymology
What (who) is pro forma - definition
LATIN TERM MEANING "FOR THE SAKE OF FORM"
Pro-forma amount; Pro-forma; Pro forma session; Proforma invoice; Proforma; Pro-forma session
pro forma
1) prep. Latin for "as a matter of form," the phrase refers to court rulings merely intended to facilitate the legal process (to move matters along). 2) n. an accountant's proposed financial statement for a business based on the assumption that certain events occurred, such as a 20% increase in annual sales or 6% inflation.
Pro forma
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 [or is considered a formality]. The term is used in legal and business fields to refer to various types of documents that are generated as a matter of course.
pro forma
[pr??'f?:m?]
¦ adjective
1. done or produced as a matter of form.
denoting a standard document or form.
2. (of a financial statement) showing potential or expected income, costs, assets, or liabilities.
¦ adverb as a matter of form or politeness.
¦ noun a standard document or form.
Origin
C16: from L.
Wikipedia
Pro forma
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. The term is used in legal and business fields to refer to various types of documents that are generated as a matter of course.
Examples of use of pro forma
1. Pro–forma shareholders‘ equity will then total Dh1.42 billion.
2. Analysts were expecting a pro–forma loss of 5 cents.
3. Pro forma earnings were $1.63bn, or 25 cents a share.
4. Pro forma profits are expected to reach 3–5 cents per share.
5. Full–year pro–forma revenue slipped to $54.2 billion from $55.' billion.