What is the meaning of pro rata?

Latin, meaning "according to the rate."' pro rata' refers to dividing something (costs, income, profits, assessments, proceeds from a liquidation, etc.) among participants according to a rate in which each participant's share is in proportion to the part of the whole owned or claimed by the participant.

3
 
|15 years ago|448 views|share |citing 
APABarry Goldsmith. (2010). pro rata. Retrieved September 22, 2026, from http://smartdefine.org/pro_rata/definitions/1161215
ChicagoBarry Goldsmith. 2010. "pro rata" http://smartdefine.org/pro_rata/definitions/1161215 (accessed September 22, 2026).
HarvardBarry Goldsmith 2010, pro rata, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/pro_rata/definitions/1161215>.
MLABarry Goldsmith. "pro rata" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/pro_rata/definitions/1161215>
{ class="autoclick" }next definition (/)