prorate
[ proh-reyt, proh-reyt ]
/ proʊˈreɪt, ˈproʊˌreɪt /
verb (used without object), pro·rat·ed, pro·rat·ing.
to make an arrangement on a basis of proportional distribution.
verb (used with object), pro·rat·ed, pro·rat·ing.
to divide, distribute, or calculate proportionately.
Origin of prorate
1855–60,
Americanism; partial translation of
pro rata
OTHER WORDS FROM prorate
pro·rat·a·ble, adjective pro·ra·tion, nounWords nearby prorate
British Dictionary definitions for pro-rated
prorate
/ (prəʊˈreɪt, ˈprəʊreɪt) /
verb
mainly US and Canadian
to divide, assess, or distribute (something) proportionately
Derived forms of prorate
proratable, adjective proration, nounWord Origin for prorate
C19: from
pro rata
Cultural definitions for pro-rated
prorate
To divide or distribute a sum of money proportionately. For example, if one owned an automobile for only three months, an insurance company would prorate the annual premium by charging only one-quarter of it.