Pro Rata
Black's Law Dictionary · Henry Campbell Black, M.A. · 1910
Black's Law Dictionary
Proportionately; according to a certain rate, percentage or proportion. Thus, the creditors (of the same class) of an insolvent estate are to be paid pro rata; that is, each is to receive a dividend bearing the same ratio to the whole amount of his claim that the aggregate of assets bears to the aggregate of debts.