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Pro rata is an adverb or adjective meaning in equal portions or in proportion.[1] 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 North American English this term has been vernacularized to prorated or pro-rated.
Meanings[edit]
More specifically, pro rata means:
- In proportionality to some factor that can be exactly calculated[2][3]
- To count based on an amount of time that has passed out of the total time
- Proportional ratio[4]
Pro rata has a Latinetymology, from pro, according to, for, or by, and rata, feminineablative of calculated (rate or change).[5]
Pro Rata Iva Slot Machine Bar
Examples[edit]
Examples in law and economics include the following noted below.
When liability for a toxic tort or a defective product concerns many manufacturers, the liability under tort law is allocated pro rata.[6]
Partnership liability[edit]
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.'[7]
Bankruptcy law[edit]
When 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.'[8] 'A creditor of an insolvent estate is to be paid pro rata with creditors of the same class.'[9]
Worker's pay and benefits[edit]
A worker's part-time work, overtime pay, and vacation time are typically calculated on a pro rata basis.[10][11]
Under US Federalregulations, 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.'[12]
The American Federation of Teachers (AFT), a USlabor union, argues that all part-time or adjunct instructors should get pro-rata pay for teaching college courses.[13] This is an important issue, as of 2010, for part-time faculty.[14]
Irishsecondary school teachers are entitled to pro rata pay for part-time work.[15]
Under Britishemployment law, 'Regulations state that, where appropriate, the pro rata principle should be applied to any comparison .. to be given .. holiday.'[16]
Likewise, in Tasmania, Australia, the law clearly grants workers the privilege of part-time benefits for leave of absence.[17][18] This is granted under the Long Service Leave Act 1976.[19]
Investment laws[edit]
In corporate practice, 'a pro-rata dividend means that every shareholder gets an equal proportion for each share he or she owns.'[20]
Casino boncompagni ludovisi romano. 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).'[20]
Venture capital[edit]
In venture capital, it can refer to the Pro-Rata Participation right and mean 'the right to continue to participate in future rounds so that you can maintain your ownership.'[21]
Insurance[edit]
In insurance, pro rata is used to determine risk based on the time the insurance policy is in effect.[22] It may also be used to describe proportional liability when more than one person is responsible for a loss or accident.[8]
WELCOME TO AQUARIUS. Aquarius Casino Resort is the largest 24-hour gaming resort in Laughlin, providing 1,906 rooms and suites and a 57,000-square-foot casino with more than 1,200 state-of-the-art slot machines, the widest variety of favorite table games in town, and a. For a quick bite to eat or a meal at your leisure, dining is available at Cafe Aquarius. The menu at this Laughlin, Nevada restaurant includes a wide array of selections, with all breakfast favorites, lunch traditions, and dinner specialties including our succulent Prime Rib, specialty gourmet burgers, and a variety of breakfast favorites. Golden nugget casino laughlin nevada.
Insurance cancellation method[edit]
Calculation of return premium of 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 is normally done using an online wheel calculator.[23]
College tuition[edit]
When a collegestudent withdraws, colleges may refund tuition payments on a pro rata basis.
Aviation[edit]
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.[24]
See also[edit]
| Look up pro rata in Wiktionary, the free dictionary. |
References[edit]
- ^Farlex's The Free Dictionary Article is available to subscribers only.
- ^'What is Pro Rata? definition and meaning'. InvestorWords.com.
- ^Ehrlich, Eugene (1987) [1985]. Amo, Amas, Amat and More. New York: Harper Row. p. 233. ISBN0-06-272017-1.
- ^Investigator web site. Accessed May 29, 2008.
- ^The Free Dictionary. Accessed May 29, 2008.
- ^'Manufacturer 2007 Pro Rata Share Responsibility(sic) for Orphan Waste for Maine Household Televisions Computer Monitor Recycling Program'(PDF). Maine.gov. Maine Department of Environmental Protection. November 2006. Archived from the original(PDF) on 2011-06-05. Retrieved 2016-08-30.
- ^ClickDocs UK Legal web site (quote marks changed to italics for clarity).
- ^ ab'Pro Rata'. law.jrank.org.
- ^'WWLIA legal web site'. Archived from the original on 2007-10-06.
- ^John Steven Niznik, Pro Rata, at Job Search Tech web site.
- ^'TheSite.org web page about pro-rata payment for part-time work'. Archived from the original on 2007-06-19.
- ^US Department of Commerce Office of Human Resources Management official web site, citing 5 CFR 630.204.
- ^'AFT web site'. Archived from the original on 2007-06-13.
- ^California Part-time Faculty Association official web site page regarding pro-rata payArchived 2007-09-30 at the Wayback Machine
- ^'Association of Secondary Teachers Ireland official web site page regarding pro-rata pay'. Archived from the original on 2007-08-28.
- ^NASUWT web siteArchived 2007-10-09 at the Wayback MachineHoliday is used here in the British sense of the American vacation.
- ^'Tasmanian Government official web site'. Archived from the original on 2007-04-04.
- ^'Long Service Leave Guide'(PDF). WST.Tas.gov.au. Tasmania Department of Justice and Industrial Relations. February 2002. Archived from the original(PDF) on 2006-09-27. Retrieved 2016-08-30.
- ^Tasmanian Legislation online official web site
- ^ abInvestopedia web site. Accessed May 29, 2008.
- ^AVC.com web site. Accessed August 20, 2015.
- ^InsuranceZA web site
- ^'wheel-calculator.com'. www.wheel-calculator.com. Archived from the original on 2012-11-06. Retrieved 2020-05-11.
- ^14 CFR § 61.113 (c)
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There has always been something about a Circus that some people have been rather afraid of, whilst kids usually love going to visit them, some people live in fear of them, especially the clowns which can often put people off visiting such venues.
Casino boncompagni ludovisi romano. 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).'[20]
Venture capital[edit]
In venture capital, it can refer to the Pro-Rata Participation right and mean 'the right to continue to participate in future rounds so that you can maintain your ownership.'[21]
Insurance[edit]
In insurance, pro rata is used to determine risk based on the time the insurance policy is in effect.[22] It may also be used to describe proportional liability when more than one person is responsible for a loss or accident.[8]
WELCOME TO AQUARIUS. Aquarius Casino Resort is the largest 24-hour gaming resort in Laughlin, providing 1,906 rooms and suites and a 57,000-square-foot casino with more than 1,200 state-of-the-art slot machines, the widest variety of favorite table games in town, and a. For a quick bite to eat or a meal at your leisure, dining is available at Cafe Aquarius. The menu at this Laughlin, Nevada restaurant includes a wide array of selections, with all breakfast favorites, lunch traditions, and dinner specialties including our succulent Prime Rib, specialty gourmet burgers, and a variety of breakfast favorites. Golden nugget casino laughlin nevada.
Insurance cancellation method[edit]
Calculation of return premium of 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 is normally done using an online wheel calculator.[23]
College tuition[edit]
When a collegestudent withdraws, colleges may refund tuition payments on a pro rata basis.
Aviation[edit]
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.[24]
See also[edit]
| Look up pro rata in Wiktionary, the free dictionary. |
References[edit]
- ^Farlex's The Free Dictionary Article is available to subscribers only.
- ^'What is Pro Rata? definition and meaning'. InvestorWords.com.
- ^Ehrlich, Eugene (1987) [1985]. Amo, Amas, Amat and More. New York: Harper Row. p. 233. ISBN0-06-272017-1.
- ^Investigator web site. Accessed May 29, 2008.
- ^The Free Dictionary. Accessed May 29, 2008.
- ^'Manufacturer 2007 Pro Rata Share Responsibility(sic) for Orphan Waste for Maine Household Televisions Computer Monitor Recycling Program'(PDF). Maine.gov. Maine Department of Environmental Protection. November 2006. Archived from the original(PDF) on 2011-06-05. Retrieved 2016-08-30.
- ^ClickDocs UK Legal web site (quote marks changed to italics for clarity).
- ^ ab'Pro Rata'. law.jrank.org.
- ^'WWLIA legal web site'. Archived from the original on 2007-10-06.
- ^John Steven Niznik, Pro Rata, at Job Search Tech web site.
- ^'TheSite.org web page about pro-rata payment for part-time work'. Archived from the original on 2007-06-19.
- ^US Department of Commerce Office of Human Resources Management official web site, citing 5 CFR 630.204.
- ^'AFT web site'. Archived from the original on 2007-06-13.
- ^California Part-time Faculty Association official web site page regarding pro-rata payArchived 2007-09-30 at the Wayback Machine
- ^'Association of Secondary Teachers Ireland official web site page regarding pro-rata pay'. Archived from the original on 2007-08-28.
- ^NASUWT web siteArchived 2007-10-09 at the Wayback MachineHoliday is used here in the British sense of the American vacation.
- ^'Tasmanian Government official web site'. Archived from the original on 2007-04-04.
- ^'Long Service Leave Guide'(PDF). WST.Tas.gov.au. Tasmania Department of Justice and Industrial Relations. February 2002. Archived from the original(PDF) on 2006-09-27. Retrieved 2016-08-30.
- ^Tasmanian Legislation online official web site
- ^ abInvestopedia web site. Accessed May 29, 2008.
- ^AVC.com web site. Accessed August 20, 2015.
- ^InsuranceZA web site
- ^'wheel-calculator.com'. www.wheel-calculator.com. Archived from the original on 2012-11-06. Retrieved 2020-05-11.
- ^14 CFR § 61.113 (c)
The Twisted Circus Slot
The Twisted Circus Slot
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- 243 Ways To Win
- Powered by MicroGaming
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Basics
| Site Name: | The Twisted Circus Slot |
|---|---|
| Network: | Microgaming |
| Bonus: | $1000 & 50 Free Slot SpinsT&C Apply 18+ |
| US Players Accepted: | No |
Play for fun and free the The Twisted Circus Slot Game
There has always been something about a Circus that some people have been rather afraid of, whilst kids usually love going to visit them, some people live in fear of them, especially the clowns which can often put people off visiting such venues.
Maybe this is what gave Microgaming the idea to put together one of their most recent slot games, that being this Twisted Circus slot machine which is one of their brand new Always slot machines which gives you the ability to have, on each spin of the reels you set in motion, 243 ways of actually forming a winning combination!
There is no prize being given away for guessing what the theme of the slot is, you can quite easily guess that from the name of it, and below is all of the additional information you will need to decide if this game is worth playing!
About The Twisted Circus Slot
The Twisted Circus slot is a multi stake slot game and the minimum coin setting is just 0.01, however you can increase them upto a maximum setting of 0.20. This is an Always slot machine which means you are covering a total of 243 for a one set fee of some 30 coins per spin.
On The Twisted Circus slot playing increased coin increments is possible and the maximum number of coins you can play per spin is 600. The base game jackpot on this The Twisted Circus slot is some 750 coins which is based on the minimum coins per spin setting, this jackpot will increase by the pro rata incremental coin setting value you play.
Bonus Features and Other Information
The one reel symbol which you should look out for is the Ringmaster symbol for it is this symbol which holds the key to you taking part in the bonus feature round which can often result in some large winning payouts.
You will first need to get three of these symbols dropping in, all in the same base game spin, however they only ever appear on reels one, three and five, so do look out for them landing on those reels.
When they do all appear then the bonus screen will slowly launch onto your screen and here 16 items will be presented to you, the aim of this bonus game is to carefully select them off the screen, one at a time in the hope you end up with a matching set, and if you do a bonus payout is awarded to you.
Other Notes on The Twisted Circus
You will need to keep your wits about you when playing this slot game as being a high variance slot you may see lots of spins which result in no winning combinations forming, however when this bad boy is in one of its better paying moods then it can throw in, when you least expect them, some truly massive paying winning combination
