Definition of pro rata
: proportionately according to an exactly calculable factor (such as share or liability)
pro rata
adjectiveExplore M-W
Origin and Etymology of pro rata
Latin
First Known Use: 1575
Other Economics Terms
Law Dictionary
pro rata
play
adverb
pro ra·ta
\ˌprō-ˈrā-tə, -ˈrä-, -ˈra-\
Legal Definition of pro rata
: proportionately according to an exactly calculable factor (as share or liability)
pro rata
adjectiveOrigin and Etymology of pro rata
Latin
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