pro rata

/pro rata/

Thân thiện

The bonus is distributed pro rata based on each employee's hours worked.

Definition

1. Adverb:
   • In proportion; according to a calculated or allocated share: Used to indicate that an amount is to be distributed or calculated proportionally based on a specific rate, share, or fraction of a whole.

Usage

• The term "pro rata" is used to describe a proportional allocation. It is commonly employed in financial, legal, and business contexts to specify that payments, charges, distributions, or responsibilities are divided according to each participant's share of the whole.
• It is typically placed before the noun it modifies or used after a verb.

Examples

• Adverb:
  • The bonus will be paid pro rata to the number of months each employee worked during the year.
  • If you join the insurance plan mid-year, your premium will be calculated pro rata.
  • The rent for the partial month was charged on a pro rata basis.

Advanced Usage

• "on a pro rata basis": This is a common prepositional phrase that explicitly states the method of proportional calculation.
  • Dividends are distributed to shareholders on a pro rata basis.
• Used in formal agreements and contracts to define proportional terms.
  • Your salary for the probation period is pro rata to the full-time equivalent.

Variants and Related Words

• Prorate (verb): To allocate, divide, or assess proportionally.
  • The company will prorate the annual fee for new members.
• Prorated (adjective): Describes something that has been calculated proportionally.
  • You will receive a prorated refund.

Synonyms

• Proportionally: In proportion.
• Proportionately: According to proportion.
• In proportion: Corresponding in size or amount to something else.

Related Phrases

• Pro rata share: An individual's proportional part of a whole.
  • Each investor is liable for their pro rata share of the expenses.
• Pro rata clause: A provision in a contract, especially in insurance, that specifies how a payment will be divided proportionally among multiple parties or policies.
  • The insurance policy contains a pro rata clause for concurrent coverage.

Học thuật

Adverb

1. in proportion

Từ đồng nghĩa

• proportionately