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- PRORATE Definition Meaning - Merriam-Webster
The meaning of PRORATE is to divide, distribute, or assess proportionately How to use prorate in a sentence
- Prorated: What is means and how it impacts customers - BILL
Here's everything you need to know about proration and how to calculate proration for your customers or employees What does prorated mean? To prorate means to adjust the cost of something to reflect only the price of what is used For example, say your business has a subscription service that bills at the beginning of each month
- PRORATE | definition in the Cambridge English Dictionary
PRORATE meaning: 1 to calculate a cost, payment, or price according to the amount of something that has been used… Learn more
- Prorated - Definition, Formula, Calculate, Example
In accounting and finance, prorated means adjusted for a specific time period For example, if an employee is due a salary of $80,000 per year, and they join the company on July 1, their prorated salary for that year would be $40,000 Let’s look at an example Susan is supposed to earn $30 per hour, paid to the nearest minute She works 47 minutes
- Pro Rata: 9 Prorated Examples | Calculation - FinanceTuts
Prorated salary is a portion of the full salary amount owed to an employee proportionate to the number of days that the employee worked in a partial pay period when the employment did not last for a full term
- Prorate - definition of prorate by The Free Dictionary
prorate - divide or assess proportionally; "The rent was prorated for the rest of the month"
- What Is a Proration and How Does It Work in Finance?
Prorating allocates a financial amount based on a specific time frame or usage, ensuring expenses or revenues are distributed fairly This calculation is particularly relevant for partial periods, such as when a service begins or ends mid-month To calculate a prorated amount, determine the total amount and the relevant time period
- PRORATE definition in American English - Collins Online Dictionary
Mainly US and Canadian to divide, assess, or distribute (something) proportionately Click for pronunciations, examples sentences, video
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