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Pro rata

Defined in 2 dictionaries — Ballentine's (1916), Black's (1910)

Ballentine's Law Dictionary

James A. Ballentine · 1916

Proportionally. See 58 Cal. 387.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

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.