It means in direct proportion.
can you please explain to me what pro-rata means regarding my holiday entitlement
Pro rata in latin means " a proportion" when it comes to salary and it says eg.16 hours per wk part time, salary £10,000 pro rata. £10,000 is what a full time person will get therefor if you are only getting 16 hours a week you will only be getting a proportion on the £10,000. so to work out what you will earn you need to know how many hours a full time person works. eg full time 37 hours 16(part time hours)/37(full time) x salary (10,000)= £4324 this is what you will earn this is a example of pro rota.
That is the correct spelling of the verb "prorate" (from pro rata),meaning to charge or distribute proportionately.
Simplified and by way of example pro rata can be calculated as follows: Assume you have three contributing "pools," A, B and C. A contains $1,200,000.00 B contains $159,000.00 C contains $300,000.00 Now assume an "assessment" of $88,000.00 for which the three pools are obligated to pay on a pro rata share based on the pool value A's share will be ((A value) / (total value of all pools)) x (assessment) ($1,200,000 / ($1,200,000 + $159,000 + $300,000)) x $88,000 ($1,200,00 / $1,659,000) x $88,000 .7233273 x $88,000 = $63,652.80 Take the dollar amount of each mutual/stocks ÷ by total market value × client requested dollar amount. Your client calls requesting $10000 from his account. He has 8 mutual funds in the account with a total value of $30806.44. Example: Fund # 1. Has $4233.69 ÷ 30806.44 (which is the total value of all the mutual funds) then × $10000.00 (requested amount). You would do this for each remaining mutual fund in the account.
$4500 per month pro rata per day
It means in direct proportion.
It's two words, and means 'in proportion'. If twenty sausages cost £10 then you'd pro rata to find the cost of 123 of them
£69,000 per annum pro-rota
To cause any share to be composed of property different in kind from any other share and to make pro rata and non pro rata distributions
can you please explain to me what pro-rata means regarding my holiday entitlement
The daily cost without any extra penalties.
A pro rata salary means you are earning a percentage of that yearly salary. For example if your pro rata salary was $16k and you worked 50% of full time hours you would earn $8k.
Pro - rata allotment of shares is opted by the Company when there is an over-subscription. The excess application money is adjusted towards the sum due on allotment. We calculate the amount of Pro - rata in the following way: Suppose X Ltd invited applications for 1,00,000 shares and received applications for 1,50,000 shares. In this case the pro - rata is calculated as 1,50,000/1,00,000 = 3:2. Hence the Pro - rata is 3:2.
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parilis, or par mean "equal".