Definition of Pro rata
consistently corresponding to a precise amount
Examples of Pro rata in a sentence
βSince I left the apartment in the middle of the month,β the former tenant told his former landlord, βI should only have to pay a pro rata amount due to the length of time I was there.β π
Because the teacher would deduct 10 points each day from the studentβs grade for each day the assignment was late, the student made a 70 due to this pro rata method. π
Given that the employee wanted a salaried position, the boss figured out the pro rata hourly pay by multiplying the forty hours per week by 52 weeks to get the salary amount. π
Usually, jobs are required to pay a pro rata amount for overtime work of 1 Β½ times the amount of their current hourly pay rate. π
When an individual pays their mortgage according to a pro rata basis, he or she is paying the principal first before interest which can decrease significantly once that part is paid. π
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