Law Dictionary Definitions

program trading.A form of computerized securities trading that usu. involves buying or selling large amounts of stocks while simultaneously selling or buying index futures in offsetting amounts. [Blacks Law 8th]

program committee.See COMMITTEE. [Blacks Law 8th]

program.Parliamentary law. 1. An agenda for a meeting or a convention, listing the order of business and possibly including educational or social events. See AGENDA; business meeting under MEETING. 2. A speech or other presentation within a meeting offered for the assembly’s information or for the members’ education or entertainment, but not for their formal…

prognosis (prog-noh-sis).1. The process of forecasting the probable outcome of a present medical condition (such as a disease).2. The forecast of such an outcome. Cf. DIAGNOSIS. [Cases: Health 637–640, 906.] [Blacks Law 8th]

progeny (proj-<<schwa>>-nee), n. pl.1.Children or descendants; offspring < only one of their progeny attended law school>.2. In a figurative sense, a line of precedents that follow a leading case <Erie and its progeny>. [Blacks Law 8th]

progener (proh-jee-n<<schwa>>r). [Latin] A grandson-in-law. [Blacks Law 8th]

pro forma session.See SESSION(1). [Blacks Law 8th]

pro forma earnings.See operating earnings under EARNINGS. [Blacks Law 8th]

pro forma amendment.See AMENDMENT(3). [Blacks Law 8th]

pro forma (proh for-m<<schwa>>), adj.[Latin “for form”] 1. Made or done as a formality. 2. (Of an invoice or financial statement) provided in advance to describe items, predict results, or secure approval. [Blacks Law 8th]