Pro rata is an adverb or adjective meaning in equal portions or in proportion. The term is used in many legal and economic contexts. The hyphenated spelling pro-rata for the adjective form is common, as recommended for adjectives by some English-language style guides. In American English , this term has been vernacularized to prorated or pro-rated .
22-868: [REDACTED] Look up rata in Wiktionary, the free dictionary. Rata may refer to: Biology [ edit ] Some plants of the genus Metrosideros from New Zealand, including: Metrosideros albiflora (Large white rātā) Metrosideros bartlettii (Bartlett's rātā or Cape Reinga white rātā) Metrosideros carminea (Carmine rātā) Metrosideros colensoi (Colenso's rātā) Metrosideros diffusa (White rātā) Metrosideros fulgens (Scarlet rātā) Metrosideros parkinsonii (Parkinson's rātā) Metrosideros perforata (Small white rātā) Metrosideros robusta (Northern rātā) Metrosideros umbellata (Southern rātā) The mangosteen tree Garcinia dulcis of Indonesia Rata (crab) ,
44-479: A debtor files for bankruptcy , and "the debtor is insolvent, creditors generally agree to accept a pro rata share of what is owed to them. If the debtor has any remaining funds, the money is divided proportionately among the creditors, according to the amount of the individual debts." "A creditor of an insolvent estate is to be paid pro rata with creditors of the same class." A worker's part-time work, overtime pay, and vacation time are typically calculated on
66-457: A toxic tort or a defective product concerns many manufacturers, the liability under tort law is allocated pro rata. Examples in law and economics include the following, noted below: Each of several partners "is liable for [her or his] own share or proportion only, they are said to be bound pro rata . An example ... may be found in the liability of partners; each is liable ... only pro rata in relation to between themselves." When
88-429: A cancelled insurance policy is often done using a cancellation method called pro rata . First, a return premium factor is calculated by taking the number of days remaining in the policy period divided by the number of total days of the policy. This factor is then multiplied by the policy premium to arrive at the return premium . Traditionally, this has been done manually using a paper wheel calculator . Today, it
110-628: A few cultivated specimens are growing in Scotland . South America South Africa New Guinea Philippines French Polynesia, Pitcairn and the Cook Islands Fiji, Samoa and Vanuatu Solomon Islands Lord Howe Island Ogasawara Islands Pro rata More specifically, pro rata means: Pro rata has a Latin etymology , from pro , according to, for, or by, and rata , feminine ablative of calculated (rate or change). When liability for
132-632: A genus of crabs Mythology [ edit ] Rātā (Māori mythology) Rata (Tahitian mythology) Rata (Tuamotu mythology) Laka , a figure in Hawaiian mythology Places [ edit ] Rata, New Zealand , near Hunterville Tanah Rata , a town in Malaysia Malaya Rata , a region of Sri Lanka Maya Rata , medieval kingdom in Sri Lanka Te Rata Bridge , New Zealand Rata (Bug) ,
154-479: A pro rata basis. Under US Federal regulations , a government worker has the right such that: "When an employee's service is interrupted by a non-leave earning period, leave is earned on a pro rata basis for each fractional pay period that occurs within the continuity of employment." The American Federation of Teachers (AFT), a US labor union , argues that all part-time or adjunct instructors should get pro-rata pay for teaching college courses. This
176-682: A set of music awards in New Zealand, often shortened to RATA. See also [ edit ] Pro rata Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title Rata . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Rata&oldid=1254706143 " Categories : Disambiguation pages Place name disambiguation pages Plant common name disambiguation pages Hidden categories: Short description
198-974: A tributary of the river Bug in Lviv Oblast, Ukraine Rivers in Romania [ edit ] Rața, a tributary of the Dâmbovnic in Argeș County Rața, a tributary of the Izvorul Alb in Bacău County Rața, a tributary of the Lunca in Harghita County Rața, a tributary of the Uz in Bacău County Other [ edit ] Rata (name) Rață Rata ("rat"), nickname of
220-512: Is an important issue, as of 2010, for part-time faculty . Irish secondary school teachers are entitled to pro rata pay for part-time work. Under British employment law , "Regulations state that, where appropriate, the pro rata principle should be applied to any comparison ... to be given ... holiday." Likewise, in Tasmania , Australia , the law clearly grants workers the privilege of part-time benefits for leave of absence . This
242-464: Is different from Wikidata All article disambiguation pages All disambiguation pages Metrosideros See text Metrosideros / ˌ m ɛ t r ə ˈ s ɪ d ər ə s , - t r oʊ -/ is a genus of approximately 60 trees , shrubs , and vines in the family Myrtaceae , mostly found in the Pacific region. Most of the tree forms are small, but some are exceptionally large,
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#1732790793413264-657: Is fossil fruits from the Miocene aged Manuherikia sediments of Central Otago. There is a fossil pollen record going back much further, but it has been shown that Metrosideros pollen is very similar morphologically to many other genera within the family Myrtaceae and as such, fossil pollen cannot be reliably used as the oldest record of the genus. The oldest conclusive record of Metrosideros are fossil fruits and flowers of Metrosideros leunigii , an extinct species, from Oligocene aged sediments in Tasmania, Australia. This
286-518: Is granted under the Long Service Leave Act 1976 . In corporate practice, "a pro-rata dividend means that every shareholder gets an equal proportion for each share he or she owns." In banking , "Pro-rating also refers to the practice of applying interest rates to different time frames. If the interest rate was 12% per annum, you could pro-rate this number to be 1% a month (12%/12 months)." In venture capital , it can refer to
308-507: Is normally done using an online wheel calculator . When a college student withdraws, colleges may refund tuition payments on a pro rata basis. In the United States , a private pilot may pay no less than the pro rata share of the total price of the flight when carrying passengers. Pro-Ration (pro rata) means if the battery fails anytime within the first two years of service, it is replaced for free. After those first two years,
330-584: Is very curious considering that Metrosideros is one of the most widely spread plants in the Pacific, and is not present in Australia today. These fossils may also point towards an Australian origin for the genus. Metrosideros are often cultivated for their showy flowers, as street trees or in home gardens. The flowers are generally red, but some cultivars have orange, yellow or white flowers. Some names listed in horticultural catalogues and other publications, such as M. villosa and M. vitiensis , are actually
352-575: The Azores . Metrosideros kermadecensis is recently naturalised in Hawaii, and has the potential to become a pest. In turn, various cultivars of M. collina and M. polymorpha are widely grown in New Zealand under various names. Metrosideros umbellata occurs naturally south of mainland New Zealand in the Auckland Islands at 50° South latitude, and is the hardiest member of the genus, and
374-913: The Polikarpov I-16 fighter in the Spanish Civil War Finnish Financial Supervisory Authority , earlier in Finnish Rahoitustarkastuslaitos Rata TxpA-RatA toxin-antitoxin system (RNA anti-toxin A) Rata Blanca , an Argentinian heavy metal band Rata Blanca (album) , their 1988 album Rata Blanca VII , their 1997 album Rata railway station , a former station on the North Island Main Trunk, New Zealand Recording Arts Talent Awards , (1973-1976)
396-554: The New Zealand species in particular. The name derives from the Ancient Greek metra or " heartwood " and sideron or "iron". Perhaps the best-known species are the pōhutukawa ( M. excelsa ), northern rātā ( M. robusta ) and southern rātā ( M. umbellata ) of New Zealand, and ʻōhiʻa lehua ( M. polymorpha ) from the Hawaiian Islands . Metrosideros is one of the most widely spread flowering plant genera in
418-1041: The Pacific. New Caledonia has 21 species, New Zealand has 12, New Guinea has seven and Hawaii has 5. The genus is present on most other high Pacific Islands , including Solomon Islands , Vanuatu , Fiji , Samoa , Cook Islands , French Polynesia , Bonin Islands and Lord Howe Island , but absent from Micronesia . The genus is also represented by one species in the Philippines , one in South America (Chile and Argentina), and one outlier in South Africa . Metrosideros seeds are very lightweight and easily dispersed by wind. The seeds can also survive freezing temperatures, and up to 30 days submerged in salt water, and still germinate, which probably accounts for their wide distribution. They are often found as pioneer trees on lava flows and on mountain ridges. Despite
440-492: The Pro-Rata Participation right and mean "the right to continue to participate in future rounds so that you can maintain your ownership." In insurance , pro rata is used to determine risk based on the time the insurance policy is in effect. It may also be used to describe proportional liability when more than one person is responsible for a loss or accident . Calculation of return premium of
462-528: The clear propensity towards long-distance dispersal, the genus does not occur in mainland Australia. For some time it had been hypothesised that Metrosideros evolved in New Zealand , and dispersed from there throughout the Pacific. This was due to the long fossil record of Metrosideros in New Zealand coupled with the absence of any Metrosideros fossils on other Gondwanan landmasses. The oldest conclusive fossil evidence of Metrosideros in New Zealand
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#1732790793413484-461: The names of varieties or cultivars (usually of M. collina ) rather than valid scientific species. The pōhutukawa of New Zealand has several cultivars grown in Australia, Hawaii and California . It has been planted successfully in the north of Spain and on the Scilly Isles off the south-west coast of Britain , but the species is considered an invasive pest in parts of South Africa and in
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