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prorate |
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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 How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The proration of income or loss is computed without regard to any recognized built-in gains (if the corporation has a net unrealized built-in gain) or built-in recognized losses (if the corporation has a net unrealized built-in loss). NYSE:NAL), the parent company of NewAlliance Bank, announced today the proration that former shareholders of Westbank Corporation who made timely elections for stock or cash will receive as consideration for their shares of Westbank Corporation common stock in connection with the merger of Westbank Corporation into NewAlliance. The depositary has advised Liberty Global that the final proration factor was approximately 69. |
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