1. calculated or distributed proportionally based on time, usage, or other factors
Usage: business; finance

1. past tense of prorate: to divide, distribute, or assess proportionally
Usage: business; finance

Examples

• The rent was prorated for the partial month she lived there.
• His salary will be prorated based on his start date.
• The insurance premium was prorated to reflect the mid-year policy change.
• They prorated the annual fee across the remaining months.
• The refund was prorated according to the unused portion of the service.
• Her vacation days were prorated for working part-time.
• The company prorated bonuses based on employment duration.