Definition, Meaning & Synonyms
proforma
adjective
proh-FOR-muh
Definition
A standard format or form that is used as a template for specific procedures or documents.
Examples
- She submitted a proforma invoice to the client for approval.
- The company prepared proforma financial statements to secure funding.
- They issued proforma contracts as a reference for potential clients.
Meaning
In business and finance, ‘proforma’ typically refers to financial reports or statements that project future earnings or cash flows based on certain assumptions or estimates but do not reflect actual results.
Synonyms
- Preliminary
- Model
- Provisional
- Hypothetical
