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"pro forma" (Latin)
What does the Latin term pro forma mean?
"Pro forma" is a Latin term that is commonly used in business and financial contexts. It means "for the sake of form" or "as a formality." It refers to a statement, document, or financial projection that is prepared as an estimation or representation of what is expected or anticipated, often based on assumptions or hypothetical scenarios.Examples in Sentences
Here are three example sentences:- The company provided a pro forma financial statement to give potential investors an idea of the expected future performance and financial position.
- Before finalizing the budget, the team prepared a pro forma projection to assess the potential financial impact of different scenarios and variables.
- In the business plan, the entrepreneurs included a pro forma cash flow statement to demonstrate the projected inflows and outflows of funds for the first three years of operation.

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