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The meaning of PRO RATA is proportionately according to an exactly calculable factor (such as share or liability). Did you know?
Pro rata means proportionally, such as dividends awarded to investors based on their proportion of investment. The concept of pro rata is rooted in fractions because proration attempts to make...
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 meaning: 1. calculated according to, or as a share of, the fixed rate for a larger total amount: 2…. Learn more.
Something that is pro rata is allocated in proportion to its share of the whole. Each company in the group pays its pro rata share of losses and expenses. They are paid their salaries and are entitled to fringe benefits on a pro rata basis.
Pro rata definition: in proportion; according to a certain rate.. See examples of PRO RATA used in a sentence.
adjective. /ˌprəʊ ˈrɑːtə/. /ˌprəʊ ˈrɑːtə/. (from Latin, formal) (of a payment or share of something) calculated according to how much of something has been used, the amount of work done, etc. synonym proportionate. If costs go up, there will be a pro rata increase in prices.