pro rata

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pro rata

adjective, adverb In proportion, partial.
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At all other times, principal distributions will be made on a pro rata basis.
The 1998 vintage transactions repay the shortfalls on a pro rata basis among all senior classes.
The Shareholders also approved the reduction in Gowest's stated capital and the distribution of all of the Trade Winds Shares to Shareholders on a pro rata basis.
In accordance with the terms of the Junior Preference Shares, Falconbridge will redeem shares of each series of the Junior Preference Shares on a pro rata basis as follows: 8,000,000 Junior Preference Shares, Series 1 (approximately 67% of shares outstanding, TSX: NRD.