Pro Rata - Law Dictionary Search Results
standard other insurance clause
standard other insurance clause : pro rata clause
stock
common stock : a class of stock whose holders share in company profits (as through dividends) on a pro rata basis, may vote for directors and on important matters such as mergers, and may have limited access to
Prorate
To divide or distribute proportionally to assess pro rata
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Other-insurance clause
coverage if the insured have other coverage for the same loss. The three Major other-insurance clauses are the pro rata clause, the excess clause, and the escape clause, Black's Law Dictionary, 7th Edn., p. 1128.
Rate-tithe
are kept in a parish for less time than a year, the owner must pay tithe for them pro rata, according to the custom of the place, Fitz. N. B. 51.
Solidum
and severally with others; but where each is bound for his share, they ae said to be bound pro rata parte.
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