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   

Lari Divisional Court Banana Problem
Assignor LCP QROPS
Conditional Sale NPO Horizontal integration
CIF Hire purchase Possession
Justice of the peace Deemed domicile Sui juris
Full Cost Pricing Supply Chain FIO
N92 Civil Court form Give as you earn (GAYE) Windfall Profit
Operating profit IDK Bereaved minor
Accounting reference date Disciplinary procedure Oversold
IMHO Password Insurance
Cost per Action CHIEF Secondary Home
Easy mark Taxing authority Charity Exemption
Vide Underwithholding Securitisation

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 © 2004-2020 Scopulus Limited. All rights reserved.