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Topical Terminology > Pro Rata



9 Definitions

Pro Rata

For Pro Rata we have terms and definitions in 9 topics. The topics are Accounting, Accounting Terms, Canadian Law, Entertainment Law, Insolvency, Insurance, Law, Logistics and Real Estate.



Pro Rata (Accounting)

is the basis for allocating an amount proportionally to the items involved. An amount may be proportionally distributed to assetsexpensesfundsetc.


Pro Rata (Accounting Terms)

Distribution of an expense, fund, or DIVIDEND proportionate with ownership.


Pro Rata (Canadian Law)

Latin: to divide proportionate to a certain rate or interest. For example, if a company with two shareholders, one with 25% and the other with 75% of the shares, received a gift of $10,000 and desired to split it "pro rata" between the shareholders, the shareholder with 25% of the shares would receive $2,500 and the 75% shareholder, $7,500.


Pro Rata (Entertainment Law)

Proportionately.


Pro Rata (Insolvency)


Latin - to divide proportionately amongst people having a claim.


Pro Rata (Insurance)

(1) Distribution of the amount of insurance in one policy, among the several objects or places covered, in proportion to their value or to the amounts shown. (2) The distribution of liability among the several insurance companies having policies on the risk.


Pro Rata (Law)

Proportionate share; distribution in proportion.


See more Law Terms ...

Pro Rata (Logistics)

A Latin term meaning "In proportion."


Pro Rata (Real Estate)

In the case of a tenant, the proportionate share of expenses for the maintenance and operation of the property




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