First Known Use: 1575
Dictionary
pro rata
adverb pro ra·ta \(ˌ)prō-ˈrā-tə, -ˈrä-, -ˈra-\
Definition of PRO RATA
: proportionately according to an exactly calculable factor (as share or liability)
— pro rata adjective
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Origin of PRO RATA
Latin
Other Economics Terms
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