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, noun

British Dictionary definitions for prorate

prorate
/ (prəʊˈreɪt, ˈprəʊreɪt) /

verb

mainly US and Canadian to divide, assess, or distribute (something) proportionately

Derived forms of prorate

proratable, adjective proration, noun

Word Origin for prorate

C19: from pro rata

Cultural definitions for prorate

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.