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Rate
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    Also found in: Dictionary/thesaurus, Medical, Legal, Acronyms, Encyclopedia, Wikipedia 0.02 sec.
Interest Rate
The percentage of the value of a balance or debt that one pays or is paid each time period. For example, if one holds a bond with a face value of $1,000 and a 3% interest rate payable each quarter, one receives $30 each quarter. The percentage of the interest rate remains constant (usually), but the amount one pays or is paid changes according to the amount of the balance or debt. For example, if one pays off part of the principal on a loan each month, the amount one pays in interest decreases even though the rate remains the same. See also: Time Value of Money.
Rate

See Interest Rate.
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Would it not make more sense that this type of fraud committed by these leeches on society should attract an automatic custodial sentence calculated pro rata to the amount of money falsely claimed.
Jail these leeches; YourSay by Birmingham Mail (England)
He will be paid pounds 90,000 a year as chair designate pro rata, based on 10 days' work per month.
Naval man to take helm by Evening Chronicle (Newcastle, England)
She seems to be suggesting that the last runner home in a marathon should be paid 800 times what the winner of the 100 metres gets, on a pro rata basis.
Sum mistake; Your view by Daily Record (Glasgow, Scotland)
 
 
 
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