Meaning & use
prorate
To calculate or divide an amount proportionally, based on a specific factor such as time used.
See it in a sentence
The landlord agreed to prorate the rent since we moved in mid-month.
Her final paycheck was prorated to reflect the two weeks she actually worked.
A note on using this word
Common in billing, insurance, and payroll; often written 'pro-rate' or discussed as 'pro rata.'
Words with a similar meaning
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