Dictionary

pro rata

adverb pro ra·ta \(ˌ)prō-ˈrā-tə, -ˈrä-, -ˈra-\

Definition of PRO RATA

:  proportionately according to an exactly calculable factor (as share or liability)
pro rata adjective
ADVERTISEMENT

Origin of PRO RATA

Latin
First Known Use: 1575

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer

Browse

Next Word in the Dictionary: proratePrevious Word in the Dictionary: proquaestorAll Words Near: pro rata
How to use a word that (literally) drives some people nuts.
Test your vocab with our fun, fast game
Ailurophobia, and 9 other unusual fears