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View synonyms for prorate
prorate
[ proh-reyt, proh-reyt ]
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.
prorate
/ prəʊˈreɪt; ˈprəʊreɪt /
verb
- to divide, assess, or distribute (something) proportionately
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.
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Derived Forms
- proˈratable, adjective
- proˈration, noun
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Other Words From
- pro·rat·a·ble adjective
- pro·ra·tion [proh-, rey, -sh, uh, n], noun
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Word History and Origins
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Word History and Origins
Origin of prorate1
C19: from pro rata
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