1. What does it mean when something is pro rata or prorated? It means that everyone who has a share in a company gets equal payment based on how much equity they own. pro rata (not comparable) (of an allocation) In proportion to some factor that can be exactly calculated. Pro rata is a term that means each person gets their proportionate share of distributions. Pro rata is Latin for in proportion. Pro Rata is a Latin term meaning “fair share” and it represents the special funds (and certain non-governmental cost funds) share of the statewide.
Find the legal definition of PRO RATA from Black's Law Dictionary, 2nd Edition. Proportionately; according to a certain rate, percentage, or proportion. If something is distributed pro rata, it is distributed in proportion to the amount or size of something. Pro rata means allocating or dividing something based on a proportion or percentage. It's a method to fairly distribute amounts, such as money, resources, or. Pro-rata is a term used to describe a proportional allocation or distribution of something based on a specific ratio or percentage. It's a simple calculation to figure out your pro rata amount. You just need to have the annual salary, the normal full-time hours and the number of hours that. A term meaning proportionately; apportioned according to a relative amount. For example, if two lenders each hold 50% of the loan, a pro rata. Pro rata is an adverb or adjective meaning in equal portions or in proportion. The term is used in many legal and economic contexts. A pro-rata right describes the right, but not the obligation, that can be given to an investor to maintain their initial level of percentage ownership in a. pro rata. A Latin phrase meaning in proportion. Dictionary of Unfamiliar Words by Diagram Group Copyright © by Diagram Visual Information Limited. Pro rata means in proportion. If money is given out pro rata, everyone gets a fair share. pro rata (not comparable) (of an allocation) In proportion to some factor that can be exactly calculated.
It's a simple calculation to figure out your pro rata amount. You just need to have the annual salary, the normal full-time hours and the number of hours that. PRO RATA definition: 1. calculated according to, or as a share of, the fixed rate for a larger total amount: 2. Learn more. Pro rata is a way of dividing a sum in proportionate allocations. Learn the pro rata definition, and get some examples of how and why this approach works. Pro rata is a Latin term that means in proportion. Pro rata leave ensures a fair distribution of leave days, regardless of employment status, hours worked, hire date, or last day worked. Pro rata leave. The meaning of PRORATE is to divide, distribute, or assess proportionately. How to use prorate in a sentence. Pro rata is a Latin term – meaning “in proportion” – that is used to assign or allocate value in proportion to something that can accurately and definitively be. Definition of pro rata Pro rata is the process of dividing a whole amount into portions. Pro rata is used to ensure that people are given their fair share of. Pro rata definition: in proportion; according to a certain rate.. See examples of PRO RATA used in a sentence.
Pro rata To prorate (adjective pro rata) is to divide a value in proportion to some other value. If a tenant were to move in mid-month (without that tenant. The phrase 'pro rata' stems from the Latin term for 'in proportion'. It's used to describe the proportional value of a part in comparison to its whole. This. ALM's vipartstudio.online online Real Life Dictionary of the Law. The easiest-to-read, most user-friendly guide to legal terms. Use it free! Pro-rata refers to the proportional allocation or distribution of something based on a specific criteria or share. Pro rata essentially means allocating something in equal proportions, or ensuring someone is receiving their fair share. It's a Latin term that translates.
What Does Pro Rata Mean And Why Is It Consequential To The Tech Industry? - Defined - Forbes
Definition: Pro rata is a Latin term that means "in proportion." It is used to describe proportional distributions or allocations. In legal terms, pro rata.
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