ON A PRO RATA BASIS
2006-11-28 21:46:38 · 6 answers · asked by Black Panther 1 in Education & Reference ➔ Homework Help
pro rata is used to describe the pay you will get for working a partime job.
for example if the job paid £18,000 per year pro rata this is based on working say a 40hour week.
If you only work 20 hours per week you will only get paid £9,000 per year.
so basically pro-rata explains the wage for thejob for fulltime hours and your wage will vey depending on what percentage of that time that you work
2006-11-28 21:54:13 · answer #1 · answered by Michelle P 2 · 0⤊ 0⤋
Pro Rata
An equal amount, according to the fraction held by each.
Example: A owns 40%, B owns 30%, C owns 20%, and D owns 10%. A $100 pro rata distribution is paid to the owners: A received $40, B received $30, C received $20, D received $10.
2006-11-28 21:54:29 · answer #2 · answered by Basement Bob 6 · 0⤊ 0⤋
Pro rata is the latin for 'proportionally' or a 'proportion of'.
Where several debtors are each liable for the whole debt, they are said to be liable "in solidum" but where each is liable for his own share or proportion only, they are said to be bound "pro rata". An example of both phrases may be found in the liabilty of partners; each is liable "in solidum" for the debts of the partnership in relation to creditors, but each is liable only "pro rata" in relation to between themselves.
2006-11-28 23:20:56 · answer #3 · answered by Martha P 7 · 0⤊ 0⤋
http://www.answers.com/topic/pro-rata
2006-11-28 22:37:04 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Proportion of the whole
2006-11-28 21:57:35 · answer #5 · answered by burning brightly 7 · 0⤊ 0⤋
IT MEANS PROPORTIONATELY.
2006-11-28 23:52:23 · answer #6 · answered by Pradeep M 3 · 0⤊ 0⤋