pro rata
Definition
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.
Mentioned in these definitions
Mentioned in these terms
Popular 'Accounting & Auditing' Terms
pro rata in the news
This content can be found on the following page:
http://www.businessdictionary.com/definition/pro-rata.html







