What does pro rata mean
relating to a calculation of something such as pay or benefits according to a smaller number of hours worked, a smaller amount of something used, etc. in relation to the hours worked in a full time job, a larger amount of something used, etc.: Part-timers should also get the same benefits as full-timers but on a pro-rata basis. When an employer hires a part-time salaried employee with full-time benefits, the employee often receives a pro rata, or proportional, salary. Prorated Salary Meaning 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. pro rata. Proportionate to one's interests or claims.In bankruptcy,unsecured creditors will receive their pro rata portion of any money left after paying secured creditors, attorneys'fees, and costs of administration. Merriam-Webster's online dictionary defines "pro rata" as "proportionately according to an exactly calculable factor.". In terms of salary, pro rata refers to the proportion, or percentage, a part-time employee would receive if she worked full-time. 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. Your salary will be calculated according to what proportion of a full-time job your hours make up.
adverb) and get synonyms. What is PRO RATA (adjective, adverb)? PRO RATA (adjective, adverb) meaning, pronunciation and more by Macmillan Dictionary.
Mar 11, 2020 pro rata meaning: 1. calculated according to, or as a share of, the fixed rate for a larger total amount: 2…. Learn more. 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 Oct 3, 2019 Pro rata refers to a proportional allocation. Under this approach, amounts are assigned based on each participant's proportional share of the Synonyms for pro rata at Thesaurus.com with free online thesaurus, antonyms, pro rata. [ proh-rey-tuh, -rah- ] SEE DEFINITION OF pro rata. adv.in proportion Definition: Pro rata share is a method that assigns a proportionate amount of income or losses to shareholders or members of a company based on their Pro rata is a Latin term that means “in proportion,” referring to the proportional allocation or distribution of something. 🤔 Understanding pro rata. Pro rata refers to Nov 29, 2018 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
relating to a calculation of something such as pay or benefits according to a smaller number of hours worked, a smaller amount of something used, etc. in relation to the hours worked in a full time job, a larger amount of something used, etc.: Part-timers should also get the same benefits as full-timers but on a pro-rata basis.
Merriam-Webster's online dictionary defines "pro rata" as "proportionately according to an exactly calculable factor.". In terms of salary, pro rata refers to the proportion, or percentage, a part-time employee would receive if she worked full-time. 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. Your salary will be calculated according to what proportion of a full-time job your hours make up. 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 Estimated mean values for weevils on logs, adjusted pro rata are shown for comparison but not included in the analysis. Definition of pro rata: Proportionate allocation or distribution of a quantity (such as costs, income, shares, taxes) on the basis of a common factor. For example, profit is generally divided among several stockholders
Pro rata meaning in Hindi : Get meaning and translation of Pro rata in Hindi language with grammar,antonyms,synonyms and sentence usages. Know answer of
If something is distributed pro rata, it is distributed in proportion to the amount or size of something. All part-timers should be paid the same, pro rata, as full-timers doing the same job. Pro rata is also an adjective. They are paid their salaries and are entitled to fringe benefits on a pro-rata basis. 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 pro rata. Used to refer to something on a proportional basis. For example, in a rights offering, rights are distributed to stockholders on the basis of the number of shares already held by each stockholder. Thus, the pro rata distribution enables the stockholders to purchase new shares in proportion to the old shares they already own. 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. In other words, it is the distribution of a given amount by using pre-established percentages. pro rata. Used to refer to something on a proportional basis. For example, in a rights offering, rights are distributed to stockholders on the basis of the number of shares already held by each stockholder. Thus, the pro rata distribution enables the stockholders to purchase new shares in proportion to the old shares they already own. Definition: Pro rata share is a method that assigns a proportionate amount of income or losses to shareholders or members of a company based on their ownership percentages. What Does Pro Rata Share Mean? What is the definition of pro rata share? Originating from the Latin term in proportion, pro rata allocates equal fractions of an amount.
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 Estimated mean values for weevils on logs, adjusted pro rata are shown for comparison but not included in the analysis.
Pro rata meaning in Hindi : Get meaning and translation of Pro rata in Hindi language with grammar,antonyms,synonyms and sentence usages. Know answer of 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. 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 concerned, the practice of pro rata allows a periodic interest rate to be divided into smaller units (e.g. converting an annual rate into a monthly rate). 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 [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 debts.
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 concerned, the practice of pro rata allows a periodic interest rate to be divided into smaller units (e.g. converting an annual rate into a monthly rate). 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 [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 debts. Definition of pro rata: Proportionate allocation or distribution of a quantity (such as costs, income, shares, taxes) on the basis of a common factor. For example, profit is generally divided among several stockholders relating to a calculation of something such as pay or benefits according to a smaller number of hours worked, a smaller amount of something used, etc. in relation to the hours worked in a full time job, a larger amount of something used, etc.: Part-timers should also get the same benefits as full-timers but on a pro-rata basis.