pro-rata

But “absolute terms” would be an idiotic metric in this context because this affects all U.S. individuals on something like a pro-rata basis, and there is absolutely nothing wrong with rounding 850 million to a trillion in this context, given the cost of debt (comment #1) and given that, in reality, no one really knows how much this spending will really “cost”.

Matthew Yglesias » Michael Steele’s Bad Math

I got a kick, a few months ago, when OPEC was discussing output cuts, and one of the countries was up-front enough about its cheating to ask that the reduction be applied pro-rata to what they were actually producing rather than to their quota.

Collusion in the Classroom, Bryan Caplan | EconLog | Library of Economics and Liberty

I suppose it could be written in the annuity contracts that if the company's rating were downgraded to B, then reserves would be released to contractholders pro-rata, but it would take an actuary to say how much protection you're getting in such a contract.

The Other Reason Big Business Supports Federal Regulation, Bryan Caplan | EconLog | Library of Economics and Liberty

A seller of protection on the MCDX index would pay out on a pro-rata basis when a default occurs, in line with the weighing that the defaulting issuer had in the index.

Citi Prepares Tranche Market For Muni-Bond Derivatives

Super Retail, which owns several retail chains, including Supercheap Auto and Ray's Outdoors, said the acquisition will be partly funded through a fully underwritten 9 for 19 pro-rata renounceable entitlement of new Super Retail ordinary shares at an offer price of A$5.34 per new share to raise about A$334 million.

Super Retail Buys Rebel from Archer Capital

"We have structured this settlement with the view that any future pro-rata distributions to Rye Select and Tremont funds will flow through to the investors and not the funds' management," said Thomas L. Long, another lawyer for Mr. Picard.

Madoff Trustee Pulls In Another Billion

If there is more demand than shares, investors will receive shares on a pro-rata basis.

Facebook's $10 Billion Question

While Germany has a vast population of 82 million, its total of 34,970 coaches is still large on a pro-rata basis.

St George's Park is no panacea for English football, but it's a start | Kevin McCarra

"And when you start using the words 'pro-rata' or 'There's seven months left in the budget' - as a prosecutor, when you're explaining, you're losing."

With government shutdown looming, freshmen are the wild cards

Canary Wharf, the main subsidiary of Songbird Estates PLC, will hold 15% of the total venture, while its shareholders will each take an equal pro-rata share of 35% of the total venture.

Land Securities, Canary Wharf Team on Skyscraper