pro forma

Definition

Description of financial statements that have one or more assumptions or hypothetical conditions built into the data. Often used with balance sheets and income statements.

Use pro forma in a sentence

I did not like using a pro forma because I knew there were a lot of assumptions involved with it.

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After talking with our chief financial officer for many hours, it became readily apparent that his worksheets were full of pro forma.

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When my company issued its financial statements, my boss made clear to investors that the statements included some pro forma assumptions about the economy.

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exceptional item vacancy factor