pro rate

pro rate
To divide, share, or distribute proportionally; to assess or apportion pro-rata. The act of adjusting, dividing or prorating property taxes, interest, insurance premiums, rental income, etc., between buyer and seller proportionately to time of use, or the date of closing.
See also pro rata

Black's law dictionary. . 1990.

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  • pro|rate — «proh RAYT, PROH RAYT», transitive verb, intransitive verb, rat|ed, rat|ing. to distribute or assess proportionally: »We prorated the money according to the number of days each had worked. He is perfectly willing to prorate the special assessment …   Useful english dictionary

  • pro·rate — …   Useful english dictionary

  • pro-rate — …   Useful english dictionary

  • Pro rata — is an adverb or adjective, meaning in proportion . [ [http://encyclopedia.farlex.com/pro+rata Farlex s The Free Dictionary] ] The term is used in many legal and economic contexts, and sometimes spelled pro rata .Meanings of Pro rataMore… …   Wikipedia

  • pro — pro·bate; pro·ba·tion·ary; pro·bos·cid·ea; pro·bos·ci·de·an; pro·ca·vi·id; pro·ce·dur·al; pro·ce·dure; pro·ceed; pro·ce·leus·mat·ic; pro·cess; pro·ces·sion; pro·ces·sion·al; pro·chordate; pro·claim; pro·clit·ic; pro·coe·lia; pro·coe·li·an;… …   English syllables

  • rate — ac·cu·rate; ac·cu·rate·ly; ac·cu·rate·ness; ace·to·bu·ty·rate; ame·lio·rate; au·rate; bar·bi·tu·rate; be·rate; bi·fo·rate; bo·rate; cal·ca·rate; cap·rate; car·bu·rate; chlo·rate; cir·rate; col·lab·o·rate; col·lec·to·rate; com·mem·o·rate;… …   English syllables

  • pro rata — /prow reyta/ Proportionately; according to a certain rate, percentage, or proportion. According to measure, interest, or liability. According to a certain rule or proportion. For example, if a corporation has ten shareholders each of whom owns… …   Black's law dictionary

  • Pro-Rata — Used to describe a proportionate allocation. A method of assigning an amount to a fraction, according to its share of the whole. For example, a pro rata dividend means that every shareholder gets an equal proportion for each share he or she owns …   Investment dictionary

  • pro rata — pro ra·ta /ˌprō rā tə, rä , ra / adv [Latin]: proportionately according to an exactly calculable factor (as share or liability) pro rata adj Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • Pro se legal representation in the United States — Pro se legal representation refers to the instance of a person representing himself or herself without a lawyer in a court proceeding, whether as a defendant or a plaintiff and whether the matter is civil or criminal. Pro se is a Latin phrase… …   Wikipedia

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