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  1. Pro rata distribution of the corporations own stock to stockholders. Where as a company pays cash and I cashed of it in, a company issue shares of stock in a stock dividend. Involves issuance of additional shares to stockholders according to their percentage ownership.

  2. Study with Quizlet and memorize flashcards containing terms like A quota share can be described as a sharing of what, Why is a QS called a 1st dollar reinsurance contract, What is the purpose of a ceding commission in a pro rata contract and more.

  3. A corporation's distribution of cash or stock to its stockholders on a pro rata (proportional) basis. The net income earned by each share of outstanding common stock. A dividend declared out of paid-in capital. The date dividend checks are mailed to stockholders. The correction of an error in previously issued financial statements.

  4. Pro rata is a Latin term that means "in proportion." It is used to describe how something is divided fairly based on a specific ratio or percentage. For example, if you share a bill with friends, each person pays a pro rata share based on how much they consumed. How does pro rata work in billing?

  5. Pro rata is a Latin term – meaning “in proportion” – that is used to assign or allocate value in proportion to something that can accurately and definitively be measured or calculated. In North American countries, pro rata is often referred to or referenced as “ prorated .”

  6. How to use "pro rata" in a sentence. The shareholders were paid dividends on a pro rata basis. The cost of the shared office space was divided pro rata among the businesses. He received pro rata payment for the part of the project he completed.

  7. The term “pro rata” is used to denote proportional distributions or allocations. In a legal sense, pro rata may refer to a share to be received, an amount to be paid, or liability based on the fractional share of ownership, responsibility, or time.

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