prorated
[ proh-rey-tid, proh-rey-tid ]
adjective
(especially of charges or payments) calculated in proportion to some other quantity, such as time: Fellowships to support the study of invention and innovation are awarded for a maximum of ten weeks and carry a prorated stipend.
verb
the simple past tense and past participle of prorate.
Origin of prorated
1Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use prorated in a sentence
Totals pro-rated to department purchase accounts at the end of each month.
Any surplus could be eventually pro-rated to the policy holders.
The New York Stock Exchange in the Crisis of 1914 | Henry George Stebbins Noble
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