Juridical Dictionary

This dictionary contains:
8526
juridical terms

Pro rata






Pro rata

According to the rate, proportion or allowance. A creditor of an insolvent estate, is to be paid pro rata with creditors of the same class.

RELATED TERMS
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Rate
A public valuation or assessment of every man's estate; or the ascertaining how much tax every one shall pay.

Creditor
Creditor or obligee. Contracts. The person in favor of whom some obliga- tion is contracted, whether such obligation be to pay money, or to do, or not to do something.

Insolvent
1) It signifies a person whose estate is not sufficient to pay his debts. 2) A person is also said to be insolvent, who is under a present inability to answer, in the ordinary course of business, the responsibility which his creditors may enforce, by recourse to legal measures, without reference to his estate proving sufficient to pay all his debts, when ultimately wound up. 3) It signifies the situation of a person who has done some notorious act to divest himself of all his property, as a general assignment, or an application for relief, under bankrupt or insolvent laws.

Estate
A right or interest in property or the property of a deceased person.



SIMILAR TERMS
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Pro and con
For and against. For example, affidavits are taken pro and con.

Pro bono
Provided for free. Pro bono publico means "for the public good."

Pro confesso
Chancery practice. For confessed.

Pro eo quod
Pleading. For this that. It is a phrase of affirmation, and is sufficiently direct and positive for introducing a material averment.

Pro forma
As a matter of form; in keeping with a form or practice. Something done pro forma may not be essential but it facilitates future dealings. For example, an invoice might be sent to a purchaser even before the goods are delivered as a matter of business practices.

Pro hac vice
(United Kingdom) For this occasion.

Pro indiviso
For an undivided part. The possession or occupation of lands or tenements belonging to two or mare persons, and consequently neither knows his several portion till divided:

Pro possessore
As a possessor. For example, a person may exercise certain rights over a thing not as owner but pro possessore: as a person who possesses, but does not own, the thing.

Pro querente
For the plaintiff; usually abbreviated, pro quer.

Pro re nata
For the occasion as it may arise.

Pro se
Latin: in one's personal behalf. Contrast with pro socio.

Pro se divorce
A divorce in which each spouse represents themselves in court without an attorney.

Pro socio
Latin: on behalf of a partner; not on one's personal behalf.

Pro tanto
For so much.

Pro tempore
(United Kingdom) For the time being.



PREVIOUS AND NEXT TERMS
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Pro forma
As a matter of form; in keeping with a form or practice. Something done pro forma may not be essential but it facilitates future dealings. For example, an invoice might be sent to a purchaser even before the goods are delivered as a matter of business practices.

Pro hac vice
(United Kingdom) For this occasion.

Pro indiviso
For an undivided part. The possession or occupation of lands or tenements belonging to two or mare persons, and consequently neither knows his several portion till divided:

Pro possessore
As a possessor. For example, a person may exercise certain rights over a thing not as owner but pro possessore: as a person who possesses, but does not own, the thing.

Pro querente
For the plaintiff; usually abbreviated, pro quer.

Pro rata

Pro re nata
For the occasion as it may arise.

Pro se
Latin: in one's personal behalf. Contrast with pro socio.

Pro se divorce
A divorce in which each spouse represents themselves in court without an attorney.

Pro socio
Latin: on behalf of a partner; not on one's personal behalf.

Pro tanto
For so much.

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This dictionary contains 8526 terms.