pro rata basis meaning - MARKETING
Allocation of shares in the Kenya Pipeline Company (KPC) Initial Public Offering (IPO) will be on a pro rata basis, meaning that late bidders will still have a chance to receive shares. This allays ... Pro rata is a term used to describe a proportionate allocation.
Understanding the Context
It's a method of assigning an amount to a fraction according to its share of the whole. In the context of a term sheet, pro rata rights (or pro rata) govern whether investors may continue to invest in subsequent rounds of funding in proportion with their ownership. Investors with pro ... The meaning of PRO is an argument or evidence in affirmation.
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How to use pro in a sentence. Pro is a Latin root word meaning for. If you make a list of pros and cons, you are listing the reasons for doing something and the reasons not to, respectively. Pro is also the shortened form of the word "professional," often referring to professional sports. pro- comes from Greek, and has the meaning "before, beforehand, in front of'': proboscis; prophylactic; prothesis.
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pro- is also attached to a word and means "primitive or early form'': prodrug; prosimian. Pro is an abbreviation meaning "professional". PRO can have several meanings depending on the context, but generally it refers to someone who is in favor of or supportive of something. standardmedia.co.ke: Kenya Pipeline IPO shares to be allocated pro rata, advisor says