Pro Rata: Canada Debt .ca defines Pro Rata

Bankruptcy Term Pro Rata

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Canada Debt has the definition to the bankruptcy and debt term Pro Rata. Finding answers to terms such as Pro Rata can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Pro Rata in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Pro Rata' is used as follows:

To divide proportionately amongst people having a claim.