Pro rate mean

Pro rata is a Latin term used to describe a proportionate allocation. It essentially translates to "in proportion," which means a process where whatever is being allocated will be distributed in Prorated definition, to make an arrangement on a basis of proportional distribution. See more. 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.

9 Mar 2018 What does pro-rata mean? Pro-rata means in proportion: the unsold tokens will be distributed in proportion to the tokens sold. Therefore, the  31 May 2018 The formula for the pro-rata calculation is the total after-tax money in all That means that only $600 of the $20,000 Roth conversion will now  29 Nov 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  12 Mar 2020 It means that your Base Plan will be adjusted and charged from the time you receive your Welcome Pack!* For example, if your Base Plan

For membership levels that use a specific renewal date – rather than the join date – you can prorate or adjust the membership fee when members join part-way 

Pro-Rata Explained. Add-ons are prorated. This means if a customer purchases an add-on mid-month, the customer will receive a prorated allowance and  A non pro rata distribution means that each heir receives an equal proportion of the entire estate but not necessarily of each asset. Under California law, trustees   Pro-rata investment rights give an investor in a company the right to participate in a subsequent round of funding to maintain their level of percentage ownership  Institutional investors will always insist on pro-rata rights. Typically this means, for example, if the investor owns 20% of your company from the A round they  For membership levels that use a specific renewal date – rather than the join date – you can prorate or adjust the membership fee when members join part-way  Litigation Over the Meaning of “Pro Rata”? Don't Be That Drafter. Posted on December 29, 2014 by Ken Adams. Here's a story told in this post on the BeLabor 

pro·rate. verb. Prorate is defined as to separate or give out in a specific proportion. An example of prorate is a landlord charging a tenant $500 for staying in a house for fifteen days, where the rent is $1,000 per month.

Rent Amount. Move in Date. Bill On. Bill On, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31. Prorate 

GlossaryPro rataRelated ContentA term meaning proportionately allocated. For example, if two lenders each contribute 50% of a loan to a borrower, a pro rata 

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 fees are costs assessed against a property to help offset the construction costs associated with the extension of public water and sewer main lines and 

GlossaryPro rataRelated ContentA term meaning proportionately allocated. For example, if two lenders each contribute 50% of a loan to a borrower, a pro rata  13 Sep 2017 Literally translated, it means “according to the rate,” but for all intents and purposes it's come to mean “proportionally” in both venture capital and  29 Sep 2015 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  This means Natalie will receive a pro-rata charge for 10 days. Natalie's first bill will show a full month charge (14 October-13 November), and a separate pro-rata   What does 'pro rata' mean? It means your bill is divided up into what you've used rather than paying for the whole monthly fee. So if you sign up for a deal on the  Define Pro-rata Annual Bonus. means the amount of Annual Bonus, multiplied by a fraction, the numerator of which is the number of days in such year during  Terms. Pro rata. Pro rata. Definition. A proportionate amount of money or period of time. Part-time employees 

Define prorated. prorated synonyms, prorated pronunciation, prorated translation, English dictionary definition of prorated. v. pro·rat·ed , pro·rat·ing , pro·rates v. tr. To divide, distribute, or assess proportionately. v. intr. To settle affairs on the basis of proportional Proration means dividing something proportionally, usually based on a unit of time. For example, if a service costs $200 a month but you only used it for half a month, the charge would be $100. You pay the service provider for the amount of time the service was used compared to the cost for the entire time. Divided based on another value, usually a unit of time. Common examples of things that are prorated are rent or utility bills, which are reduced based on the amount of time you have lived in the house. Define prorate. prorate synonyms, prorate pronunciation, prorate translation, English dictionary definition of prorate. v. pro·rat·ed , pro·rat·ing , pro·rates v. tr. To divide, distribute, or assess proportionately. v. intr. To settle affairs on the basis of proportional 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 is - proportionately according to an exactly calculable factor (such as share or liability).