prorating

[proh-rey-ting]

prorating Definition

  • 1to divide or distribute proportionally
  • 2to calculate a partial amount based on a larger whole

Using prorating: Examples

Take a moment to familiarize yourself with how "prorating" can be used in various situations through the following examples!

  • Example

    The rent for the first month was prorated since I moved in halfway through the month.

  • Example

    The bonus will be prorated based on the number of months worked.

  • Example

    The cost of the service will be prorated if you cancel before the end of the billing cycle.

prorating Synonyms and Antonyms

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Summary: prorating in Brief

'Prorating' [proh-rey-ting] is a verb that means to divide or distribute proportionally, or to calculate a partial amount based on a larger whole. It is commonly used in financial and business contexts, such as prorating rent or bonuses based on time worked. Synonyms include 'allocate', 'apportion', and 'distribute'.