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LSDefine

Simple English definitions for legal terms

pro rata

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A quick definition of pro rata:

Pro rata means "in proportion." It is used to describe how things are divided or shared fairly. For example, if a company pays a pro rata dividend, it means that each shareholder gets a share of the dividend based on how many shares they own. So, if there are 100 shares and $1,000 in dividends, each share is worth $10. If someone owns five shares, they get $50 in dividends.

A more thorough explanation:

Definition: Pro rata is a Latin term that means "in proportion." It is used to describe proportional distributions or allocations. In legal terms, pro rata refers to a share to be received, an amount to be paid, or liability based on the fractional share of ownership, responsibility, or time.

Example: A company has 100 shares outstanding and it announces it will pay $1,000 in dividends to its shareholders. The pro rata amount that each share is worth is $10. If a shareholder owns five shares, they will receive $50 in dividends.

This example illustrates how pro rata works in terms of dividends. Each shareholder receives a dividend payment that is proportional to the number of shares they own. In this case, the dividend payment is $10 per share, so a shareholder who owns five shares will receive $50 in dividends.

pro per | Pro se

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babycat
18:34
let’s bring that on here. can I start ranking you guys? bulbasaur is on top cuz he has a wife and none of the rest of you pull like that
they get you in with telling you to value yourself then they start making you feel like all relationships are transactional
and that’s what’s bad for your mental health
i'm here for the ranking baby cat
JumpySubsequentDolphin
18:36
is anyone here very into skincare
windyMagician
18:36
i just feel like i always get treated like junk by guys so i'd like to change that :<
babycat
18:36
I don’t know how the ranking works can someone tell me. Is it like alpha, sigma, beta? Or numerical? Trying to get started ASAP
18:36
@windyMagician: i have a mini long island accent lol
18:37
not super strong tho
Dkk
18:37
@babycat: https://tiermaker.com/
windyMagician
18:37
like i was with my ex for 2 years, moved to Alaska for him, and he broke up with me over text the weekend before the election
i sound like tony soprano when i'm emotional it's so bad
windyMagician
18:37
eggan and jack are s tier bc of their accent
@babycat: I guess more binary than ranking. It’s like high value man, low value man, and there’s some other stuff
@windyMagician: can you talk about it in therapy? i had a problem with only going after people who treated me poorly and therapy helped me work that out
i could see why FDS would be attractive but i was in to manosphere stuff like 10 years ago and its just soooooo bad for your mental health
will 100% poison all your personal relationships
And that stuff fucks with the way you see the world in general
windyMagician
18:39
therapy is a good idea
babycat
18:40
@jackfrost11770: you sound like tony soprano? I need you
18:42
thank you windy... also wtf is fds
18:43
oh female dating strategy reddit lmao terrible. i imaging it festering with femcels
my first language isn't english but i am from here but sometimes ppl tell me i also have a russian accent which is so funny lol
all of my accents are just mob/mafia core
JumpySubsequentDolphin
18:44
i want a man w a transatlantic accent how do i make that work
Dkk
18:45
@jackfrost11770: same about that Russian accent thing.
windyMagician
18:45
when he says "i'm a new yorker" in the accent...
DK ARE YOU RUSSIAN
babycat
18:45
@jackfrost11770: come with me and renard to the nyu info session. lsd harem
when is that
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