pro rata
Proportionate allocation or distribution of a quantity (such as costs, income, shares, taxes) on the basis of a common factor. For example, profit is generally divided among several stockholders (shareholders) on the basis of the amount of stock (number of shares) held by each. Latin for, according to the rate.
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New Business Ideas for the Budding Entrepreneur
Many employees going through the day-to-day grind of their unsatisfying work dream of being entrepreneurs, to finally have that business epiphany on how to entwine their ideas together into a profitable business model. For...
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