Business terms and jargon explained. Your business dictionary

What is Pro Rata

Legalese Explained: A legal Latin term used in the UK legal system to mean "proportionally".

Example of use
A three day job pays 100,000 a year pro rata.
This means that the annual full time equivalent would be 100,000 and therefore 3/5 x 100K = 60K would be paid for the three day week.

<- Go Back
Business Terms Home page

Search jargon and terms database to learn more:-

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z

Search Term   

Back Door Negative equity Operating profit Freelance
Medium of exchange Naira Interpreter Long Term Debt
Utter Barrister Government securities Carat
Default Surcharge Won Offer Bitcoin
WOWGR HR Peso Output Tax
MasterCard Charge Intellectual property APACS
Alib Peel the onion Real In omnibus
Smart Card Jitney N162 Civil Court form Gain Traction
Creditors Economic Capital WCO Bots
Registered Design Ngultrum Life Interest Kroon

Term created / updated 2013-07-02 09:32:25

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

Copyright © 2004-2018 Scopulus Limited. All rights reserved.