Login or register (free and only takes a few minutes) to participate in this question.You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy. | English to English translations [PRO] | | English term or phrase: pro-rata basis | | Shall be taken into account on a pro-rata basis |
| | | English translation:pro-rata basis | Explanation: HTH
Sheila
Pro rata, a Latin term, means to divide proportionate to a certain rate or interest. For example, if a company with two shareholders, one with 25% and the other with 75% of the shares, received a gift of Tk.10,000 and desired to split it "pro rata" between the shareholders, the shareholder with 25% of the shares would receive Tk.2,500 and the 75% shareholder, Tk.7,500.
-------------------------------------------------- Note added at 2003-02-20 11:41:17 (GMT) --------------------------------------------------
Pro-Rata - \"Pro-Rata\" means \'proportionately\' according to a certain rate, percentage or proportion. For example, if a corporation has ten shareholders each of whom own 10% of the stock, if the shareholders have a pro-rata right of first offer they could each purchase 10% of any new shares issued by the corporation.
http://www.nwvg.org/resource/falegalglossary.htm |
| Selected response from:
 Sheila Hardie Local time: 06:44
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