Business Terms and Jargon Explained

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

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   

Holding Companies Troy Ounce Tailwinds
Click Fraud Aggregate Demand Devils Advocate
Charge Cards N9C Civil Court form Late Registration Penalty
Residual Input Tax N92 Civil Court form Cost Center
ISO 45001 Alternate bid Affiliate agreement
Corner a market N227 Civil Court form Adhocracy
BIMBO Planchet RTGS
Bullet Loan NES Oligopoly
Easement Heads Up learning curve
High Credit Genesis block Quality Assurance
Share Premium ETD Product Market Flexibility
Aggravating Business Promotion Scheme EMEA
Automatic Stabilisers Easy mark IPO

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 jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.

Copyright © 2004-2021 Scopulus Limited. All rights reserved.