Pro Rata

Use our pro-rata salary calculator to work out what your actual pay will be, if you do a part-time job. Simply change the number in the "Pro-rata Weekly Hours" field below to what your weekly hours are, type in the annual full-time salary (on the left), then hit the "calculate" button.

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Pro rata is a Latin term used to describe a proportionate allocation. It essentially translates to "in proportion," which means a process where whatever is being allocated will be distributed in.

Pro rata condition of average relates to the proportion of an asset that an insurance policy covers. A claim will only be paid out on an asset based on the insurable interest that the policy.

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Pro rata definition: If something is distributed pro rata , it is distributed in proportion to the amount or. | Meaning, pronunciation, translations and examples

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Although Vertafore has made every effort to insure the accuracy of the calculator, Vertafore does not guarantee the accuracy of the calculator or the suitability for a specific purpose.

The legal definition of Pro Rata is Latin: to divide proportionate to a certain rate or interest.

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Includes Pfizer’s pro rata share of the JV’s anticipated earnings, which will be recorded on a quarterly basis in Adjusted other (income)/deductions (2), from August 1, 2019 through the end of.

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Pro rata is a way of spreading liability in an insurance policy. Although pro rata can apply in a variety of situations, the focus is always on equalizing legal and financial responsibilities. As it applies to insurance, pro rata calculations apply in dual insurance, insurance cancellations and policy assumption situations.

If you work less than 40 hours a week, you may receive a pro rata salary. This is a proportion of the full-time annual salary based on the number.