What Is the Meaning of Pro Rata?

Answer

Pro rata is used to describe a proportionate allocation. A method of assigning an amount to a fraction, according to its share of the whole. The term is used in many legal and economic contexts.
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Ask.com Answer for: what is the meaning of pro rata
pro ra·ta
[proh rey-tuh, rah-]
NOUN
1.
in proportion; according to a certain rate.
Source: Dictionary.com
Pro data is a latin name which refers to dividing something either an income, profits, costs or proceeds from a liquidation between participants. This is done according to a rate in which each participant's share is in proportion to the part of the whole owned or claimed by the participant.
Pro rata refers to dividing something among participants according to a rate in which each participant's share is in proportion to the part of the whole owned or claimed by the participant. For example, in a rights offering, rights are distributed to stockholders on the basis of the number of shares already held by each stockholder.
Pro rata is Latin for 'according to rate'. It refers to diving something among participants according to a rate is in proportion to the part owned.
it is used to describe a method of assigning an amount to a fraction,according to its share of the whole proportionate allocation
Pro Rata refers to comparative relation between things or magnitudes as to size, quantity or number. It is pronounced as proh rey-tuh and it is of Medieval Latin origin. Its synonym is proportional.
Q&A Related to "What Is the Meaning of Pro Rata"
In proportion is what pro rata means to when spoken of this at work.The amount of something used in a fraction or small quantity of part of something.
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If you accept a pro rata salary, your employer will pay you based on the hours you work, but you will not receive an hourly wage. Instead, your employer will determine your wage using
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The daily cost without any extra penalties.
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Pro Rata A Latin term meaning "In proportion." Have a great day and...
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Explore this Topic
In proportion is what pro rata means to when spoken of this at work.The amount of something used in a fraction or small quantity of part of something. ...
Pa pro rata is an economic quote which means, ''in proportion to''. It is a method of equally and proportionately allocating money, profits or liabilities by percentage ...
Pro rata is the latin for 'proportionally' or a 'proportion of'. It means that the salary quoted is what a full timer would receive for the same job. ...
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