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Proforma Invoice

   Also found in: Acronyms 0.01 sec.
Proforma Invoice
A quotation in the form of a ninvoice prepared by the seller that details items which would appear on a commercial invoice if an order results.
Proforma Invoice
A price quote that a potential seller gives to a potential buyer that details the sale price and any applicable commissions and fees. It is given in the form of an invoice. A proforma invoice exists in order to give a potential buyer a precise figure of the final cost of a transaction. This helps the buyer in making his/her investment decisions. The proforma invoice also helps the seller avoid ill feelings that may result from unexpected fees charged to the buyer, which could drive away future business.


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