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LSDefine

Simple English definitions for legal terms

Pro forma

Read a random definition: extra judicium

A quick definition of Pro forma:

Pro forma: Pro forma means something that is done as a formality. In finance, pro forma refers to financial statements that are made before a transaction happens to show what the results of the transaction might be. For example, if a big business deal happens, companies might make pro forma financial statements to show what they think will happen after the deal.

A more thorough explanation:

Definition: Pro forma is a Latin term that means something is done as a formality. In securities law, pro forma refers to financial statements that are prepared in advance of a transaction and projects the anticipated results of the transaction.

For example, if a company is planning to merge with another company, they may prepare pro forma financial statements to show what the combined company's financials would look like. This helps investors and analysts understand the potential impact of the merger on the company's financials.

Another example of pro forma financial statements is when a company is going public through an initial public offering (IPO). The company may prepare pro forma financial statements to show what their financials would look like if they had been a public company in the past.

These examples illustrate how pro forma financial statements are used to project the financial impact of a transaction or event. They are important for investors and analysts to understand the potential risks and benefits of investing in a company.

Pro bono | pro per

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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