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
Synonyms for prorating
📌
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'.