prorate Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “prorate” in the English Dictionary

"prorate" in British English

See all translations

prorateverb [T]

uk   /prəʊˈreɪt/  us   /proʊˈreɪt/
specialized finance & economics to ​calculate a ​cost, ​payment, or ​priceaccording to the ​amount of something that has been used, in ​relation to the ​fixedrate for a ​largertotalamount: The ​rental will be prorated if ​occupancy does not ​begin on the first ​day of the ​month.
prorated
adjective uk   /prəʊˈreɪ.tɪd/  us   /proʊˈreɪ.t̬ɪd/
specialized finance & economics Attendees ​joining the ​courselater will ​pay a prorated ​fee.
See also
(Definition of prorate from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"prorate" in Business English

See all translations

prorateverb [T]

uk   us   /ˌprəʊˈreɪt/
ACCOUNTING to ​calculate a ​cost, ​payment, or ​price according to the ​number of ​hoursworked, how much of something has been used, etc. in relation to a larger ​number of ​hoursworked, a larger ​amount of something used, etc.: The ​bonuses for ​part-timeemployees should have been prorated ​based on their ​hours.
proration
noun [U]
The Fund and Investment Manager may ​sharefacilities common to each, with appropriate proration of ​expenses between them.
(Definition of prorate from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of prorate?
Add Cambridge dictionaries to your browser to your website

“prorate” in British English

“prorate” in Business English

There, their and they’re – which one should you use?
There, their and they’re – which one should you use?
by ,
April 27, 2016
by Liz Walter If you are a learner of English and you are confused about the words there, their and they’re, let me reassure you: many, many people with English as their first language share your problem! You only have to take a look at the ‘comments’ sections on the website of, for example, a popular

Read More 

Word of the Day

sample

a small amount of something that shows you what the rest is or should be like

Word of the Day

bio-banding noun
bio-banding noun
April 25, 2016
in sport, grouping children according to their physical maturity rather than their age ‘When we’re grouping children for sports, we do it by age groups, but the problem is that, within those age groups, we get huge variations in biological age,’ said Dr Sean Cumming, senior lecturer at the University of Bath’s department for

Read More