The word “prospective” is an adjective that means “likely to happen or occur in the future.” It can be used to describe a person, thing, or event. For example, a prospective student is someone who is likely to enroll in a school, and a prospective job candidate is someone who is likely to be hired for a job.
The word “prospective” can also be used to describe a situation or circumstance. For example, a prospective merger is a merger that is likely to happen, and a prospective agreement is an agreement that is likely to be reached.