Pro rata

Shared or divided according to a ratio or in proportion to participation.

Pro Rata

Describing a distribution according to some proportion. For example, a salary may be stated as $120,000 per year pro rata. This means that if an employee only works for six months, his/her salary will be $60,000. Likewise, dividends are distributed pro rata, meaning that shareholders receive them according to the proportion of shares that they own.

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.

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

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. If the unsecured claims total $1,000,000, and the money left for distribution is $10,000, then each creditor will receive 1 cent for each dollar of their claim.

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References in periodicals archive

Applying the pro rata method of allocation here does not violate the reasonable expectations of the insurer or the insured.

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2 beef Oxo cubes pro rata (80p for six pack) ...........................

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First, the IRS addressed whether the pro rata division causes the new CRTs to fail to qualify as CRTs under section 664(d).

Charitable remainder trust update: IRS keeping close watch on popular estate planning tool

New Law: The amount of a shareholder's basis reduction in the shareholder's S corp stock, due to the S corp charitable donation, will be equal to the shareholder's pro rata share of the donated property's adjusted basis.

Charitable donations: new Pension law affects charitable donors and donees

However if the employee works less than five days per week the increase will be on a pro rata basis.

benson's LAW'

At Bates College (ME), the 44 part-time lecturers are paid pro rata to their 203 full-time colleagues.

The adjunct explosion: IHEs rely heavily on part-time professors, but is this 'economic necessity' changing the face of academe? (Employee Relations)

If passenger traffic grows faster than planned, the resulting higher income will go to the airlines on a pro rata basis.

Fraport AG signs five-year contract with airlines

The capital proposal is intended to apply to balance sheet assets retained by a seller (or transferor) that are structured, through subordination provisions or other credit enhancement techniques, to absorb more than a pro rata share of credit loss related to the transferred assets.

JOINT AGENCY PROPOSAL TO REVISE CAPITAL RULES FOR RESIDUAL INTERESTS

Under the terms of the agreement, Telefonica will subscribe for its pro rata shares and purchase any shares not purchased by the other Terra shareholders.

TERRA COMMENCES $2 BILLION RIGHTS OFFERING

If the Wellspring transaction goes through, parties with unsecured claims against Paragon will receive distributions in amounts equal to their pro rata share of cash, new notes and new common stock in the reorganized Paragon.

Acquisition of Paragon in works

In most plans, grants are made annually, but vest pro rata over four years, with eligibility and grant size left to the discretion of the board.

How does your pay stack up?