A calculated proportionate share or sum.

The calculation of entitlement for part-time employees on a proportional basis when compared to a full-time employee. It may also be used when a yearly entitlement is calculated for a period of employment less than a whole year.

This means "in proportion to." For example, if you owe Barclaycard £100, HSBC £900 and have £100 to pay them each month, the pro-rata payment to Barclaycard would be £10 per month and £90 per month to HSBC.

The tenant's proportionate share of the total space.

cancellation of an insurance contract by the insurance company, allowing the policyholder a share of the premium relating to the remainder of the time under the contract that bears to the total contract premium Return to Menu

A method of handling insurance when more than one policy applies to a loss. Each policy covers a portion of the loss in proportion to the relationship its limit of liability bears to the total limit of liability under all applicable policies.

Proportionately; according to measure, interest or liability.

Proportionately; according to a certain rate, percentage, or proportion.

A stable value withdrawal method under which participant withdrawals and benefit payments are taken proportionately from all benefit-responsive investment contracts in the fund in relation to their relative size at the time of the withdrawal.

Divided proportionally.

Adjustments such as taxes, insurance, rents, and interest on loans.