pro rata liability clause provision in many property insurance policies that spreads the obligation to pay a claim among various insurers covering that claim in proportion to the insurance each has written on the property.
Pro Rata Meaning in proportion to. In the case where a dividend is pro rata, the amount of the dividend each shareholder receives is in proportion to the number of shares they own. Sponsors Center ...
A pro rata sinking fund forces each investor to give up an equal percentage of their bond holdings when the issuer calls for sinking fund retirement of the bonds. Typically only applied to registered securities.
Pro rata Definition: [crh] Shared or divided according to a ratio or in proportion to participation.
Pro Rata Distribution of an expense, fund, or DIVIDEND proportionate with ownership.
Pro Rata Liability Clause. When more than one insurance company covers a property, the clause provides a formula for sharing liability among the companies.
pro rata - proportionately. proof of claim - form filed by a creditor setting out its claims against a bankruptcy debtor.
Pro Rata This means "in proportion to." For example, a dividend is a pro rata payment because the amount of dividend each shareholder receives is in proportion to the number of shares he or she owns.
Pro rata Proportional entitlement or liability. For example, a pro rata share issue is offered in proportion to the number of shares each shareholder already has. Pro-rata premium ...
Pro rata - Refers to the basis for allocating an amount proportionally to the items involved. An amount may be proportionally distributed to assets, expenses, funds, etc.
Pro rata In proportion to. A pro rata refund for a partially fulfilled contract would be for the proportion of the contract which is unfulfilled. Promissory note ...
Pro Rata Sharing Clause: A clause in a loan or intercreditor agreement whereby banks agree to share among themselves amounts received or recovered from the borrower and/or guarantors pro rata to their participation in the financing.
Pro rata basis: the reinsurer gets a fixed proportion of the premium on the risks covered, and in return pays out a fixed proportion of the claims made.
PRO RATA According to the Rate (Latin) Our Favorite Sites Idaho Division of Financial Management Indiana State University Johns Hopkins Joint Economic Committee of Congress Kansas State University Visit ECON*world ...
Pro RataExpand/Collapse This means 'in proportion to.' For example, a dividend is a pro rata payment because the amount of dividend each shareholder receives is in proportion to the number of shares he or she owns. Profit TakingExpand/Collapse ...
Each CHIPS participant that has established bilateral limits with the failed participant agrees to assume an additional settlement obligcation equal to its pro rata share of the failed participan'ts net debit position.
PRO RATA Latin for "proportionally" PRO RATA RULE Under most VAT systems, ...
If the current year has different types of loss and deduction items, which exceed stock and/or debt basis, the allowable loss and deduction items must be allocated pro rata based on the size of the particular loss and deduction items.
If partially participating, preferred stockholders participate above the preferential rate on a pro rata basis with common stockholders, but only up to an additional rate specified on the stock certificate.
A payment designated by the board of directors to be distributed pro rata among the shares outstanding. For preferred shares, it is generally an amount fixed at the time of issuance.
A COP is an instrument evidencing a pro rata share in a specific pledged revenue stream, usually lease payments by the issuer that are subject to annual appropriation.
An open offer combines a pro rata offer to existing stockholders with a private placing. Although stockholders retain their preemption rights, the rights cannot be traded and are therefore worthless unless the stockholder chooses to buy new shares.
Investors in a pass-through pool receive a portion of every interest and principal payment (less serving charges) that is equivalent to the investor's pro rata ownership share in the pool.
An expression of the pro rata contribution of an economic factor to production, as measured by the market-determined value each factor contributes to the overall production process.
Whenever an investment inside the mutual fund declares a dividend or pays interest, you receive a pro rata share of that dividend or interest. Capital gains distributions. You also receive your share of any net profits from the sale of investments.
A dividend is interpreted to be any distribution of income that is divided pro rata among shareholders.
Each investor is responsible for paying the income taxes of the partnership, which is based on the pro rata share of ownership.
an amount or percentage deducted from a pro rata share of the value of 100% of an equity interest in a business, to reflect the absence of some or all of the powers of control. Control 50% of the outstanding votes plus one vote.
Short rate (90% pro rata) cancellation (insurance) Penalty method of calculating return premium of an insurance policy ...
Generally, the account ownership percentage is assumed to be pro rata. That is, if there are two owners of record each is assumed to own a 50 percent interest in the account.
The fund's shares issued to the investors entitle them to a pro rata[according to a certain %] portion of the income generated by these assets.
Shareholders of the parent company receive shares in the new company on a pro rata basis, and new investors also may purchase shares in the new company in an offering associated with the spinoff.
Preemptive Rights. An investor's right to purchase the investor's pro rata (i.e., proportionate) share of any additional securities issued by a company.
Shares issued free by a corporation to its existing shareholders on a pro rata entitlement basis. Book closing date ...
Complementary Financing definition : A type of financing in which different lenders agree to fund under similar yet parallel documentation and a pro rata security package. What's A Spread?
This is when a company issues free shares to a company's existing shareholders. No money changes hands and the share price falls pro rata. This is usually used as an exercise to make the shares more marketabl ...
Rights The option the company gives to shareholders in which the shareholders can buy a pro rata share of a new common stock issue at a specific price prior to the stock being made widely available for purchase.
Bonus Shares Shares issued free by a corporation to its existing shareholders on a pro rata entitlement basis.
The securities are professionally managed on behalf of the investors, and each investor holds a pro rata share of the portfolio - entitled to any profits when the securities are sold, but subject to any losses in value as well.
As used by insurance companies, the word denotes the addition made to the amount of a policy by a distribution pro rata of accumulated profits or surplus.
at any time, by the insured party or by the insurance company. Aside from life insurance, most insurance policies can easily be. If the insurer cancels the policy, it must first give notice and must also refund prepaid premium on a pro rata basis.
Subpart F Income - In the U.S. tax code, income from foreign subsidiaries owned more than 10 percent and controlled foreign corporations that is taxed on a pro rata basis as it is earned.
ship, there may be sacrificed (thrown overboard) any cargo or supplies or ships' furnishings, and any expense incurred necessary to save the ship. If the vessel is saved, all cargo owners, ship owner, and owners of the freight revenue share pro rata ...
The guarantees amount to € 440 billion on a pro rata basis, in accordance with the Member state share in the paid-up capital of the European Central Bank (ECB).
Pro Rata: in proportion to. Prospectus: an official document being in advertisement offering shares for sale to the public.
group sale A securities sale shared (pro rata) by all syndicate members, as opposed to... growing equity mortgage Mortgage which has a fixed interest rate and increasing monthly payments.
Right A short-lived (typically less than 90 days) call option for purchasing additional stock in a firm, issued by the firm to all its shareholders on a pro rata basis.
Pro rata Shared or divided according to a ratio or in proportion to participation. Proration Refers to the division between cash and stock in a takeover offer. Often a takeover is a combination of cash and the acquiring firm's equity.
See also: Expense, Banks, Values, Saving, Compensation
 
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