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Meaning of PRORATE

Pronunciation:  prow'reyt

WordNet Dictionary
 
 Definition: 
  1. [v]  divide or assess proportionally; "The rent was prorated for the rest of the month"
  2. [v]  make a proportional settlement or distribution
 
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 See Also: calculate, cipher, compute, cypher, figure, reckon, settle, work out

 

 

Webster's 1913 Dictionary
 
 Definition: 
\Pro*rate"\, v. t. [imp. & p. p. {Prorated}; p. pr. &
vb. n. {Prorating}.] [From L. pro rata (sc. parte) according
to a certain part, in proportion.]
To divide or distribute proportionally; to assess pro rata.
[U.S.]
 
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