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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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Suitable for: Teachers, advanced students, and business writers.
Description: Published by London's Octopus Publishing, "Smashing Grammar" is the third, and most comprehensive, grammar reference book written by Craig Shrives (the founder of the Grammar-Monster.com). It is divided into three sections:
Description: Published by London's Octopus Publishing, "Smashing Grammar" is the third, and most comprehensive, grammar reference book written by Craig Shrives (the founder of the Grammar-Monster.com). It is divided into three sections:
- A-Z Grammar Glossary (This section explains grammar terminology, from the basics to advanced terms. It is especially useful because every entry concludes with a valuable and succinct explanation of why the grammar term matters for a writer.)
- A-Z of Punctuation (Packed with entertaining examples, this section provides definitive, well-explained rules for using all the principal punctuation marks. Punctuation should not be guesswork. There are rules.)
- A-Z of Easily Confused Words (This section covers all the homonyms and near homonyms that plague writers and offers tips on how to remember which to use.)
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