prorate

views updated May 29 2018

pro·rate / prōˈrāt; ˈprōˌrāt/ • v. [tr.] (usu. be prorated) allocate, distribute, or assess pro rata: bonuses are prorated over the life of a player's contract.DERIVATIVES: pro·ra·tion / prōˈrāshən/ n.

Prorate

views updated May 17 2018

PRORATE

To divide proportionately. To adjust, share, or distribute something or some amount on a pro rata basis.

More From encyclopedia.com