How to spell pro rata
WebThe simplest way to work out how much you’d be paid on a pro rata basis is dividing the annual salary by the number of full time hours, and then times this number by the pro rata hours. So for the example above, this would look as follows: £30,000 (annual salary) ÷ 40 (full time hours) = 750 750 x 25 (pro rata hours) = £18,750 WebFeb 23, 2011 · Copy That is the correct spelling of the verb "prorate" (from pro rata ), meaning to charge or distribute proportionately. Wiki User ∙ 2011-02-23 09:39:18 This …
How to spell pro rata
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Webpro•rate (proʊˈreɪt, ˈproʊˌreɪt) v. -rat•ed, -rat•ing. v.t. 1. to divide, distribute, or calculate proportionately. v.i. 2. to make an arrangement on a basis of proportional distribution. [1855–60, Amer.; partial translation of pro rata] pro•rat′a•ble, adj. pro•ra′tion, n.
WebDivide the portion you want to calculate by the total, and then multiply the resulting decimal by the amount you want to calculate the pro rata share of. Video of the Day. For example, if you are in business with three of your … WebThe easiest way to work out pro rate salary is by dividing the total annual salary by the number of full-time hours. You can then multiply the result by the pro rata hours worked. Let’s take the example from above. £40,000 / 40 = 1000. 1000 x 30 = £30,000. You can use the same pro rata calculator method to figure out holiday benefits for ...
Webprorated. (especially of charges or payments) calculated in proportion to some other quantity, such as time: Fellowships to support the study of invention and innovation are … Webpro-rata [ proh- rey-t uh, - rah- ] adjective proportionately determined: a pro-rata share of income. Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, …
WebJan 14, 2024 · In insurance, pro-rata refers to the proportionate distribution of risk and the apportionment of liability among different insurers according to the terms of the policy. How do you calculate pro-rata? Pro rata calculations involve determining the proportionate share of a total amount that each party should receive.
WebPro rata is an adverb or adjective meaning in equal portions or in proportion. [1] The term is used in many legal and economic contexts. The hyphenated spelling pro-rata for the … how human trafficking affects the communityWebMar 13, 2024 · Pro rata is a Latin term – meaning “in proportion” – that is used to assign or allocate value in proportion to something that can accurately and definitively be measured or calculated. In North American countries, pro rata is often referred to or referenced as “ prorated .” Usefulness of Pro Rata how human trafficking affects societyWebFeb 3, 2024 · Pro rata, or “prorated,” is a Latin word used to describe a value’s proportional allocation or assignment. Pro rata translates to “in proportion” and refers to the distribution of an amount in equivalent ratios. high flat benchWebPronunciation of rata with 3 audio pronunciations. 1 rating. 0 rating. -1 rating. Record the pronunciation of this word in your own voice and play it to listen to how you have pronounced it. Can you pronounce this word better. high flash point cooking oilsWebpro for· ma (ˌ)prō-ˈfȯr-mə 1 : made or carried out in a perfunctory manner or as a formality 2 : based on financial assumptions or projections: such as a : reflecting a transaction (such … high flash solventWebThe meaning of PRORATE is to divide, distribute, or assess proportionately. How to use prorate in a sentence. high flashpoint cooking oilWebPro Rata means certain total amount (e.g., payment, cost, price, fee) distributed in equal portions or in proportion to some factor (e.g., time period, partial usage or consumption). … high flashpoint solvent