Pro rata basis means
Pro-rata Warranty: Under this warranty, if an item fails before the end of the A pro-rata warranty is applied to a product. Let's define the following variables:. 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. Pro Rata. [Latin, Proportionately.] A phrase that describes a division made according to a certain rate, percentage, or share. In a Bankruptcy case, when the debtor is insolvent, creditors generally agree to accept a pro rata share of what is owed to them. Net proceeds from the offering of the notes, along with cash on hand, maybe used by the company to prepay (on a pro rata basis) a portion of its outstanding Series F Tranche B Term Loans due 2022 as well as to pay related fees and expenses. Pro rata is the term used to describe a proportionate allocation. It is a method of assigning an amount to a fraction according to its share of the whole.
A term meaning proportionately allocated. For example, if two lenders each contribute 50% of a loan to a borrower, a pro rata distribution of a principal
Pro Rata Basis means the allocation among the holders of Shares and Vested Options pursuant to a fraction, the numerator of which is the number of Shares and shares of common stock represented by Vested Options held by such Person and the denominator of which is the number of Fully Diluted Shares. Pro Rata [Latin, Proportionately.] A phrase that describes a division made according to a certain rate, percentage, or share. In a Bankruptcy case, when the debtor is insolvent, creditors generally agree to accept a pro rata share of what is owed to them. If the debtor has any remaining funds, the money is divided proportionately among the creditors, according to the amount of the individual 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 Define Pro Rata and Pari Passu Basis. means with respect to the Notes and the Note Holders, the allocation of any particular payment, collection, cost, expense, liability or other amount between such Notes or such Note Holders, as the case may be, without any priority of any such Note or any such Note Holder over another such Note or Note Holder, as the case may be, and in any event such that Pro rata refers to a proportional allocation.Under this approach, amounts are assigned based on each participant’s proportional share of the whole. In accounting, this means revenues, expenses, assets, liabilities, or other items are proportionally allocated among participants.A participant may be an individual or an entity. Pro rata definition: If something is distributed pro rata , it is distributed in proportion to the amount or | Meaning, pronunciation, translations and examples. Log In Dictionary. They are paid their salaries and are entitled to fringe benefits on a pro rata basis. Pro-rata depreciation is used when an asset is purchased in the middle of an accouting period therefore the straight line method and reducing balnce methods can not be used. The pro rata method
The meaning of pro rata, or the definition of pro rata according to Cambridge Dictionary, is essentially to be paid in proportion of a fixed rate for a larger amount.
Definition of pro-rata adjective in Oxford Advanced American Dictionary. Vacation entitlement is calculated on a pro rata basis, according to length of service.
Pro-rata Warranty: Under this warranty, if an item fails before the end of the A pro-rata warranty is applied to a product. Let's define the following variables:.
Definition: Pro rata means the proportional allocation of a given numerical figure. In other words, it is the distribution of a given amount by using pre-established percentages. In other words, it is the distribution of a given amount by using pre-established percentages. pro rata definition: 1. calculated according to, or as a share of, the fixed rate for a larger total amount: 2…. Learn more. Definition of 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
Pro-Rata Explained. Add-ons are prorated. This means if a customer purchases an add-on mid-month, the customer will receive a prorated allowance and
administered, when they can receive payment on a pro rata basis out of the assets being administered, []. Hi, Pro-rata means, calculation on the basis of number of days worked.. I.e if one has joined on 5th of March.. and the calender year is till 31st What is the definition of pro rata share? Originating from the Latin term in proportion, pro rata allocates equal fractions of an amount. The method takes into account Definition. A proportionate amount of money or period of time. Part-time employees generally get pro-rata entitlements, based on the number of hours worked.
Natalie's billing start date is 14 October. This means Natalie will receive a pro- rata charge for 10 days. Natalie's first bill will show a full month charge ( A term meaning proportionately allocated. For example, if two lenders each contribute 50% of a loan to a borrower, a pro rata distribution of a principal