proforma

[proh-fawr-muh]

proforma Definition

  • 1a document that describes the value, specifications, and nature of goods or services that are being sold, sent, or delivered before an actual invoice is sent
  • 2a preliminary statement of financial results that outlines the expected revenues, costs, and expenses of a company for a specific period

Using proforma: Examples

Take a moment to familiarize yourself with how "proforma" can be used in various situations through the following examples!

  • Example

    The proforma invoice was sent to the client for approval before the actual invoice was issued.

  • Example

    The company released a proforma statement of earnings for the upcoming quarter.

  • Example

    The proforma balance sheet showed the expected assets and liabilities of the company.

proforma Synonyms and Antonyms

Antonyms for proforma

Phrases with proforma

  • a meeting held for the purpose of formality or protocol, rather than to make decisions or take action

    Example

    The board of directors held a proforma session to discuss the annual report.

  • a document that outlines the details of goods or services that will be provided to a customer, including prices, quantities, and other specifications, before an actual invoice is sent

    Example

    The proforma invoice was sent to the client for approval before the actual invoice was issued.

  • a financial statement that outlines the expected assets and liabilities of a company, based on estimates and projections, rather than actual figures

    Example

    The proforma balance sheet showed the expected assets and liabilities of the company.

Origins of proforma

from Latin 'pro forma', meaning 'for form's sake'

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Summary: proforma in Brief

The term 'proforma' [proh-fawr-muh] refers to a preliminary or tentative document or statement, often used in business contexts. It can describe a document that outlines the value, specifications, and nature of goods or services before an actual invoice is sent, as in 'The proforma invoice was sent to the client for approval before the actual invoice was issued.' Alternatively, it can refer to a preliminary statement of financial results, as in 'The company released a proforma statement of earnings for the upcoming quarter.'