pro rata meaning pay. The Academic Staff Union of Universities (ASUU) on Tuesday lambasted the Federal Government for paying its members half salary for October. The union also said the government’s so-called ‘pro-rata’ ... Pro rata is a term used to describe a proportionate allocation. It's a method of assigning an amount to a fraction according to its share of the whole. Pro rata ensures equal treatment based on stake or time in financial transactions like mortgages. When shifting insurance mid-plan, pro rata calculations secure partial refunds based on unused ...
Understanding the Pro-Rata Rule - Ironwood Wealth Management
Pro is a Latin root word meaning for. If you make a list of pros and cons, you are listing the reasons for doing something and the reasons not to, respectively. Pro is also the shortened form of the word "professional," often referring to professional sports. pro- comes from Greek, and has the meaning "before, beforehand, in front of'': proboscis; prophylactic; prothesis. pro- is also attached to a word and means "primitive or early form'': prodrug; prosimian. Pro is an abbreviation meaning "professional". PRO can have several meanings depending on the context, but generally it refers to someone who is in favor of or supportive of something.
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