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Pro-rata

Definition:

Adjective: proportionate or in proportion to a particular amount, share, or plan.

Adverb: proportionately; according to a particular ratio or share.

Noun: a method of assigning or distributing something in proportion to a particular amount, share, or plan.

Examples:

1. Adjective:

1. The company offered a pro-rata refund to customers who canceled their subscription early.
2. He was entitled to a pro-rata share of the profits based on his contribution to the project.

2. Adverb:

1. The cost of the trip will be divided pro-rata among all participants.
2. The bonus was given out pro-rata to the employees based on their performance.

3. Noun:

1. The pro-rata allocation of resources ensured each department received a fair share.
2. When a company goes bankrupt, creditors may only receive a pro-rata payment of what they are owed.

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