verb (used without object), pro·rat·ed, pro·rat·ing.
verb (used with object), pro·rat·ed, pro·rat·ing.
Origin of prorate
Examples from the Web for prorated
Historical Examples of prorated
Hence the prorated plant cost of $53 is equivalent to 53 cts.Concrete Construction
Halbert P. Gillette
The amount of relief each person received was prorated on such a basis.
Word Origin for prorate
also pro-rate, "divide proportionally," 1860, American English, verb derived from Latin pro rata (parte) (see pro rata). Related: Prorated; prorating.
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-quarter of it.