prorate Meaning in the Cambridge English Dictionary
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   /proʊ-/
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   us   /-ˈreɪ.tɪd/
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
Word of the Day

golden

made of gold

Word of the Day

Introducing a new author and a new weekly blog post!
Introducing a new author and a new weekly blog post!
by Cambridge Dictionaries Online,
August 27, 2015
The English language is constantly changing. You know that. But did you know that at Cambridge Dictionaries Online we keep track of the changes? We continually add new words and new meanings to our online dictionary for learners of English. Some of them are new to English entirely (neologisms), and some

Read More 

parklet noun
parklet noun
August 31, 2015
a public outdoor space that may be associated with a local business but where anyone can sit Pop-up cafes in NY are what’s actually called parklets in many other places around the country.

Read More