The meaning of PRORATE is to divide, distribute, or assess proportionately. How to use prorate in a sentence.
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.
PRORATE meaning: 1. to calculate a cost, payment, or price according to the amount of something that has been used.. Learn more.
Definition of prorate verb in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
prorate (prəʊˈreɪt; ˈprəʊreɪt) vb chiefly US and Canadian to divide, assess, or distribute (something) proportionately [C19: from pro rata]
Dec 1, 2025 · What Is a Prorate and How Is It Calculated? Master the essential financial technique of proration to ensure costs and income are divided fairly based on exact time or usage.
prorate in American English (prouˈreit, ˈprouˌreit) (-rated, -rating) intransitive verb
To prorate is to divide something in a proportional way, based on time. If your new landlord prorates your first month's rent, she only charges you for the days you've actually lived in your apartment.
Prorate definition: To divide, distribute, or assess proportionately.
Feb 12, 2026 · prorate (third-person singular simple present prorates, present participle prorating, simple past and past participle prorated) To divide proportionately, especially by day; to divide pro rata.
