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The term pro forma (Latin for "as a matter of form" or "for the sake of form") is most often used to describe a practice or document that is provided as a courtesy or satisfies minimum requirements, conforms to a norm or doctrine, tends to be performed perfunctorily or is considered a formality.
A financial plan is a combination of the individual financial statements and reflect all categories of transactions (operations & expenses & investing) over time. [4] Some period-specific financial statement examples include pro forma statements (historical period) and prospective statements (current and future period).
This site accounted for less than 3% of Styrolution’s pro forma EBITDA before exceptionals for the year 2010. [ 5 ] October 1, 2011: Styrolution officially starts operating as an independent company, following the approval of the relevant antitrust authorities.
A pro-verb substitutes a verb or a verb phrase: do, as in: "I will go to the party if you do". A pro-sentence substitutes an entire sentence or subsentence: Yes, or that as in "That is true". [2] An interrogative pro-form is a pro-form that denotes the (unknown) item in question and may itself fall into any of the above categories.
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Economic forecasting is the process of making predictions about the economy. Forecasts can be carried out at a high level of aggregation—for example for GDP, inflation, unemployment or the fiscal deficit—or at a more disaggregated level, for specific sectors of the economy or even specific firms.
An Employee Stock Ownership Plan (ESOP) in the United States is a defined contribution plan, a form of retirement plan as defined by 4975(e)(7)of IRS codes, which became a qualified retirement plan in 1974. [1] [2] It is one of the methods of employee participation in corporate ownership.
The word bill is mainly used in English-speaking nations formerly part of the British Empire whose legal systems originated in the common law of the United Kingdom, including the United States. The parts of a bill are known as clauses , until it has become an act of parliament, from which time the parts of the law are known as sections .