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What (who) is pro rata - definition
pro rata
also pro-rata
If something is distributed pro rata, it is distributed in proportion to the amount or size of something. (FORMAL)
All part-timers should be paid the same, pro rata, as full-timers doing the same job.
ADV: ADV after v
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Pro rata is also an adjective.
They are paid their salaries and are entitled to fringe benefits on a pro-rata basis.
ADJ: ADJ n
pro rata
[L.] Proportionally, proportionably, proportionately, in proportion.
Pro rata
·- In proportion; proportionately; according to the share, interest, or liability of each.
Wikipedia
Pro rata
Pro rata is an adverb or adjective meaning in equal portions or in proportion.Farlex's The Free Dictionary Article is available to subscribers only.
Examples of use of pro rata
1. The shares will be allocated on a pro–rata basis.
2. After that, its shares in OGK–3 will go pro rata to its existing shareholders.
3. Each owner of Eurallumina supplies its pro–rata share of bauxite, according to Glencore‘s web site. «
4. All Norilsk shareholders will get a stake in the new company on a pro–rata basis. «
5. The other half will go pro rata to UES‘s minority shareholders.