Rata - Law Dictionary Search Results

Prorate

To divide or distribute proportionally to assess pro rata

a year of coverage that is more than a pro rata part of the annual premium 2 : an insurance policy

share in company profits (as through dividends) on a pro rata basis, may vote for directors and on important matters such

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standard other insurance clause : pro rata clause

s] 3 : a privilege given stockholders to subscribe pro rata to a new issue of securities generally below market price

ratable : made or calculated according to a proportionate rate :

esp. according to proportional fault compare apportion b : pro rata apportionment of loss among all the insurance policies covering the

for his share, they ae said to be bound pro rata parte.

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