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Pro rata is an adverb or adjective meaning in equal portions or in proportion. [1] The term is used in many legal and economic contexts. The hyphenated spelling pro-rata for the adjective form is common, as recommended for adjectives by some English-language style guides. In American English, this term has been vernacularized to prorated or pro ...
Representing oneself, without counsel. Also known as pro se representation. pro rata: from the rate A calculation adjusted based on a proportional value relevant to the calculation. An example would be a tenant being charged a portion of a month's rent based on having lived there less than a full month.
Illustration of the partial payout of Sum Insured against probability of occurrence. Condition of average (also called underinsurance [1] in the U.S., or principle of average, [2] subject to average, [3] or pro rata condition of average [4] in Commonwealth countries) is the insurance term used when calculating a payout against a claim where the policy undervalues the sum insured.
This list contains Germanic elements of the English language which have a close corresponding Latinate form. The correspondence is semantic—in most cases these words are not cognates, but in some cases they are doublets, i.e., ultimately derived from the same root, generally Proto-Indo-European, as in cow and beef, both ultimately from PIE *gʷōus.
Good conduct time, good time credit, good time, or time off for good behavior is a sentence reduction given to prisoners who maintain good behavior while imprisoned. In Florida, it is known as gain time. Good conduct time can be forfeited if a prisoner is determined to have committed disciplinary infractions and/or crimes while incarcerated.
Beginning in the 1990s, vesting periods in the United States are usually 3–5 years for employees, but shorter for board members and others whose expected tenure at a company is shorter. The vesting schedule is most often a pro-rata monthly vesting over the period with a six or twelve month cliff. Alternative vesting models are becoming more ...
A pro-verb substitutes a verb or a verb phrase: do, as in: "I will go to the party if you do". A pro-sentence substitutes an entire sentence or subsentence: Yes, or that as in "That is true". [2] An interrogative pro-form is a pro-form that denotes the (unknown) item in question and may itself fall into any of the above categories.
Eisner v. Macomber, 252 U.S. 189 (1920), was a tax case before the United States Supreme Court that is notable for the following holdings: . A pro rata stock dividend where a shareholder received no actual cash or other property and retained the same proportionate share of ownership of the corporation as was held prior to the dividend by the shareholder was not income to the shareholder under ...