prorated

American  

[proh-rey-tid, proh-rey-tid] / proʊˈreɪ tɪd, ˈproʊˌreɪ tɪd /

adjective

1. (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.

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verb

1. the simple past tense and past participle of prorate.

Etymology

Origin of prorated

prorate ( def. ) + -ed ² ( def. )

Example Sentences

While it lacks live support and has a prorated refund policy, these drawbacks are minor.

From Salon

The funds started gating their exits and giving investors smaller and smaller prorated portions of the cash investors sought.

From Barron's

At the end of that window, if the total exceeds the typical 5% cap, all the requests can be prorated.

From The Wall Street Journal

“We expect that this higher-than-expected capital generation is at least partly explained by management’s comment that the “natural catastrophe experience… was below the prorated annual budget”, they say.

From The Wall Street Journal

It’s worth remembering that New York agreed to pay all his salary other than a prorated share of the minimum, as required by league rules.

From Seattle Times