Pro Forma Definition and Legal Meaning

On this page, you'll find the legal definition and meaning of Pro Forma, written in plain English, along with examples of how it is used.

What is Pro Forma?

It is known “as a matter of form” or ” the sake of form” which could also mean, the formality to make things move along. It is used in accounting, business financials and statements which are based on certain facts and assumptions.