Pro rata means

The meaning of pro rata, or the definition of pro rata according to Cambridge Dictionary, is essentially to be paid in proportion of a fixed rate for a larger amount. A term meaning proportionately allocated. For example, if two lenders each contribute 50% of a loan to a borrower, a pro rata distribution of a principal 

pro rata definition: 1. calculated according to, or as a share of, the fixed rate for a larger total amount: 2…. Learn more. Cambridge Dictionary +Plus; My profile +Plus help; Log out; Dictionary . Definitions. Clear explanations of natural written and spoken English . English; Learner’s Dictionary Pro-rata definition, proportionately determined: a pro-rata share of income. See more. Definition: Pro rata means the proportional allocation of a given numerical figure. In other words, it is the distribution of a given amount by using pre-established percentages. What Does Pro Rata Mean? What is the definition of pro rata? This term comes from the latin pró ratá, which means according to the calculated share. This is a Pro Rata [Latin, Proportionately.] A phrase that describes a division made according to a certain rate, percentage, or share. In a Bankruptcy case, when the debtor is insolvent, creditors generally agree to accept a pro rata share of what is owed to them. If the debtor has any remaining funds, the money is divided proportionately among the creditors, according to the amount of the individual Definition of pro rata: Proportionate allocation or distribution of a quantity (such as costs, income, shares, taxes) on the basis of a common factor. I wanted to demonstrate pro rata when looking at the baseball player's statistics, so I would see how me measured up to the rest of the league. Pro rata is an adverb or adjective meaning in equal portions or in proportion. The term is used in many legal and economic contexts. The hyphenated spelling pro-rata for the adjective form is common, as recommended for adjectives by some English-language style guides.

Pro rata definition is - proportionately according to an exactly calculable factor (such as share or liability).

Pro Rata [Latin, Proportionately.] A phrase that describes a division made according to a certain rate, percentage, or share. In a Bankruptcy case, when the debtor is insolvent, creditors generally agree to accept a pro rata share of what is owed to them. If the debtor has any remaining funds, the money is divided proportionately among the creditors, according to the amount of the individual Definition of pro rata: Proportionate allocation or distribution of a quantity (such as costs, income, shares, taxes) on the basis of a common factor. I wanted to demonstrate pro rata when looking at the baseball player's statistics, so I would see how me measured up to the rest of the league. Pro rata is an adverb or adjective meaning in equal portions or in proportion. The term is used in many legal and economic contexts. The hyphenated spelling pro-rata for the adjective form is common, as recommended for adjectives by some English-language style guides. To arrive at your pro rata salary, you must know what the job pays on a full-time basis, what your employer views as full-time hours, the number of weeks you will be working during the year and your required work hours per week. For example, to determine your weekly pro rata salary, divide your annual pro rata salary of $24,000 by 52 to get Pro rata Shared or divided according to a ratio or in proportion to participation. Pro Rata Describing a distribution according to some proportion. For example, a salary may be stated as $120,000 per year pro rata. This means that if an employee only works for six months, his/her salary will be $60,000. Likewise, dividends are distributed pro rata Pro-rata definition, proportionately determined: a pro-rata share of income. See more.

If you are changing to part-time work or are considering a job where the salary is worked out pro-rata, use the pro-rata Salary Calculator to see how your 

Something that is pro rata is allocated in proportion to its share of the whole. COBUILD Key Words for Accounting. Copyright © HarperCollins Publishers  A Latin term meaning "in proportion," pro rata is a method of allocating fractional amounts of something equally among all parts of a whole. Where interest rates are 

To arrive at your pro rata salary, you must know what the job pays on a full-time basis, what your employer views as full-time hours, the number of weeks you will be working during the year and your required work hours per week. For example, to determine your weekly pro rata salary, divide your annual pro rata salary of $24,000 by 52 to get

Pro rata definition is - proportionately according to an exactly calculable factor (such as share or liability). Pro-Rata: Pro rata is the term used to describe a proportionate allocation. It is a method of assigning an amount to a fraction according to its share of the whole. While a pro rata calculation pro rata definition: 1. calculated according to, or as a share of, the fixed rate for a larger total amount: 2…. Learn more. Cambridge Dictionary +Plus; My profile +Plus help; Log out; Dictionary . Definitions. Clear explanations of natural written and spoken English . English; Learner’s Dictionary Pro-rata definition, proportionately determined: a pro-rata share of income. See more.

When policyholders cancel a policy, they are entitled to the unearned portion of the premium for the unused period of the policy. For example, if you paid for a 

In the insurance industry, "pro rata" means that claims are only paid out in proportion to the insurance interest in the asset; this is also known as the first condition of average.The pro rata It means that if you were working fulltime (whatever THAT means!) you would earn £15k, but it's a part-time job so you earn less. Eg, if fulltime = 40 hours a week and you get £15k, if the job is actually 20 hours you'll earn £7.5k.

11 Mar 2020 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 means in proportion. If money is given out pro rata, everyone gets a fair share. Pro rata is a Latin term meaning "in proportion,  Something that is pro rata is allocated in proportion to its share of the whole. COBUILD Key Words for Accounting. Copyright © HarperCollins Publishers  A Latin term meaning "in proportion," pro rata is a method of allocating fractional amounts of something equally among all parts of a whole. Where interest rates are