pro forma

views updated Jun 11 2018

pro for·ma / prō ˈfôrmə/ • adv. as a matter of form or politeness: he nodded to him pro forma.• adj. done or produced as a matter of form: pro forma reports. ∎  denoting a standard document or form, esp. an invoice sent in advance of or with goods supplied. ∎  (of a financial statement) showing potential or expected income, costs, assets, or liabilities, esp. in relation to some planned or expected act or situation.• n. a standard document or form or financial statement of such a type.

Pro Forma

views updated Jun 11 2018

PRO FORMA

As a matter of form or for the sake of form. Used to describe accounting, financial, and other statements or conclusions based upon assumed or anticipated facts.

The phrase pro forma, in an appealable decree or judgment, usually means that the decision was rendered not on a conviction that it was right, but merely to facilitate further proceedings.