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Definitions from the Web

Pro-forma Invoice

Description:

A pro-forma invoice is a preliminary bill of sale that outlines the terms of a transaction before the actual sale is conducted. It serves as a written agreement between the buyer and seller, specifying the details of the goods or services being exchanged and providing an estimate of the final invoice.

Sample Sentences:

Noun (General sense):

1. I received a pro-forma invoice from the supplier, which provided an overview of the expected costs.
2. Before finalizing the order, the customer requested a pro-forma invoice to review the terms.

Noun (Business sense):

1. The pro-forma invoice served as an important document for customs clearance.
2. Companies often use pro-forma invoices for accounting and financial planning purposes.

Adjective:

1. The pro-forma invoice amount was used for budgeting purposes.
2. It is important to clearly state on a pro-forma invoice that it is not a legally binding document.

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