prorate

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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 ?
There is also uncertainty as to how proration would work with target revenue and the "hold harmless" guarantee the Legislature made to districts with the 2006 property tax reduction.
Shares of GE common stock tendered but not accepted for exchange will be returned to the tendering shareholders in book-entry form promptly after the final proration factor is announced.
There are various important factors that could cause actual results to differ materially from those indicated in the forward-looking statements, such as, but not limited to, the ability of Mirant and the depositary to compute the results of the tender offer and any proration factor in a timely manner and other factors discussed in Mirant's Form 10-K for the year ended December 31, 2005, and its Form 10-Q for the quarter ended June 30, 2006.
CBS expects to announce the final proration factor promptly following the expiration of the guaranteed delivery period, which is expected to occur on July 14, 2014.
Based on the approximate 94% proration factor, the Company expects to purchase 24,713,728 of the shares from that tender.
Westbank shareholders who did not file a timely election will be receiving all cash in line with the proration procedures in the merger agreement between the two companies.
Raytheon will prorate the tenders according to the Proration Factors noted above.
If the corporation has a net unrealized built-in loss (which meets certain de minimis threshold requirements), the daily proration can produces a windfall for taxpayers who properly time the recognition of built-in losses or deduction items.
Since the request for stock is larger than the allocation, a proration will be made.
today announced the results of the election procedures and resulting proration rate of cash and shares of CPF common stock to be exchanged for shares of CB Bancshares (CBBI) in connection with the merger of CPF and CBBI, which was consummated on September 15, 2004.
Proration for each shareholder tendering shares, other than odd lot holders, is based on the ratio of the aggregate number of shares of preferred stock to be purchased pursuant to the tender offer other than odd lot shares and prior to any adjustments to avoid purchases of fractional shares (244,856 shares) to the aggregate number of shares of preferred stock properly tendered by all shareholders other than odd lot holders (333,757 shares).
FUR Investors expects to purchase 5,000,000 shares, resulting in an estimated proration factor of approximately 32% of the shares validly tendered.