When making a pro rata decision you are taking into account all relevant factors in order to make a fair and unbiased decision. This usually means taking into account the size of each person or thing involved and making a decision based on the ratio of their sizes. For example if you have a pro rata allocation of 100 widgets to distribute among 10 people and one person has twice as many people in their group as another then that person would receive 20 widgets and the other person would receive 10.
This term is often used in business finance and investing contexts. For example when allocating resources among different departments in a company you might use a pro rata basis in order to ensure that each department gets a fair share. When making investment decisions you might use a pro rata basis in order to ensure that your portfolio is diversified.
There are many different ways to make pro rata decisions and there is no one right way to do it. The important thing is to be fair and unbiased in your decision-making.
What is the meaning of pro rata?
Pro rata is a Latin term meaning “in proportion.
” It often appears in business contexts where it refers to the practice of allocating something typically expenses in relation to some other factor.
