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Prorate

   Also found in: Dictionary/thesaurus, Medical, Financial, Acronyms, Wikipedia 0.06 sec.

To divide proportionately. To adjust, share, or distribute something or some amount on a pro rata basis.



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? References in periodicals archive
Alternatively, under the prorate rule, a shareholder's residency status on the last day of the entity's fiscal year is irrelevant.
The ProRate gravimetric feeder handles plastic pellets and regrind.
91, Accounting for Nonrefundable Fees and Costs Associated with Originating or Acquiring Loans and Initial Direct Costs of Leases, required the company to prorate the annual fees for book purposes.
 
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