prorate


Also found in: Dictionary, Thesaurus, Medical, Financial, Acronyms, Wikipedia.

Prorate

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

prorate

verb allocate, allot, apportion, apportion pro rata, assess pro rata, assess proportionally, distribute, distribute proportionally, divide, divide proportionally, dole, mete out, parcel out, portion, split up
Associated concepts: prorate taxes
See also: allocate, allot, apportion, assess, charge, disburse, distribute, divide, parcel, partition
References in periodicals archive ?
00 purchase price has exceeded the number of shares the Company anticipated purchasing, after the Company purchases all of the "small lot" shares properly tendered, the Company will exercise its right to prorate the remaining shares accepted for purchase by the Company, based on the total number of shares properly tendered by each shareholder in accordance with the terms of the tender offer at the $23.