PRORATED Definition Meaning - Merriam-Webster The meaning of PRORATED is divided, distributed, or assessed proportionately (as to reflect an amount of time that is less than the full amount included in an initial arrangement)
Prorated: What is Means and How It Impacts Customers - BILL If someone has been a customer for less than a year, you can offer them a prorated fee corresponding to the actual time they've used your services when it comes time to bill them
PRORATED Definition Meaning | Dictionary. com Prorated definition: (especially of charges or payments) calculated in proportion to some other quantity, such as time See examples of PRORATED used in a sentence
prorate verb - Definition, pictures, pronunciation and usage notes . . . prorate something to calculate a payment according to how much of something has been used, the amount of work done, etc The bonus will be prorated according to salaries Want to learn more? Find out which words work together and produce more natural sounding English with the Oxford Collocations Dictionary app
Prorated - definition of prorated by The Free Dictionary Define prorated prorated synonyms, prorated pronunciation, prorated translation, English dictionary definition of prorated v pro·rat·ed , pro·rat·ing , pro·rates v tr To divide, distribute, or assess proportionately v intr To settle affairs on the basis of proportional
Prorate - Definition, Meaning Synonyms | Vocabulary. com Other forms: prorated; prorating; prorates 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
What Does Prorated Mean? Definition, Examples Importance When a service or product is prorated, the cost is calculated based on the exact portion used rather than a standard billing cycle For example, if your monthly software subscription costs $30, but you only use it for half the month, a prorated charge would be $15
Prorated Meaning, Use Cases, and Example Calculations Prorated means to divide or distribute proportionately In short, the meaning of prorated is splitting a numeric value based on the proportion of time passed in the relevant time frame