PRORATE meaning: 1. to calculate a cost, payment, or price according to the amount of something that has been used…. Learn more.

To divide or distribute a sum of money proportionately. For example, if one owned an automobile for only three months, an insurance company would prorate the annual premium by charging only one …

The meaning of PRORATE is to divide, distribute, or assess proportionately. How to use prorate in a sentence.

prorate (prəʊˈreɪt; ˈprəʊreɪt) vb chiefly US and Canadian to divide, assess, or distribute (something) proportionately [C19: from pro rata]

Definition of prorate verb in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

prorate in American English (prouˈreit, ˈprouˌreit) (-rated, -rating) intransitive verb

Dec 1, 2025 · What Is a Prorate and How Is It Calculated? Master the essential financial technique of proration to ensure costs and income are divided fairly based on exact time or usage.

Prorate definition: To divide, distribute, or assess proportionately.

Dec 14, 2025 · prorate (third-person singular simple present prorates, present participle prorating, simple past and past participle prorated) To divide proportionately, especially by day; to divide pro rata.

Prorate generally refers to the process of allocating or dividing something proportionally, usually based on use, time, or quantity. This could apply to costs, fees, benefits, refunds, or other types of assets or …