Meaning of the word pro-rata in English

What does pro-rata mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

pro-rata

US /ˌproʊ ˈreɪ.t̬ə/
UK /ˌproʊ ˈreɪ.t̬ə/
1.

calculated according to, or as a share of, the fixed rate for a larger total amount:

Example:
a pro rata payment/pay increase
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