Longman Dictionary of Contemporary English homepage

Date: 1500-1600
Language: Latin
Origin: 'for the rate'

pro rata

adjective
     
Related topics: Finance
pro ra‧ta [only before noun] especially British English
BF a payment or share that is pro rata is calculated according to how much of something is used, how much work is done, etc:
Fees are calculated on a pro rata basis.
pro rata adverb

Dictionary pictures of the day
Do you know what each of these is called?
What is the word for picture 1? What is the word for picture 2? What is the word for picture 3? What is the word for picture 4?
Click on any of the pictures above to find out what it is called.

Explore our topic dictionary