prorate

verb

pro·​rate (ˌ)prō-ˈrāt How to pronounce prorate (audio)
ˈprō-ˌrāt
prorated; prorating

transitive verb

: to divide, distribute, or assess proportionately

intransitive verb

: to make a pro rata distribution
proration noun

Examples of prorate in a Sentence

The player's annual salary was prorated because he only played for the last three months of the season. shares in the company's profits were prorated according to the workers' length of service
Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
For fiscal 2025, his total equity-award target opportunity will be prorated at $6.7 million, which includes an additional grant with value of $3.2 million. Kathryn Hopkins, WWD, 1 Nov. 2024 According to company filings with the Securities and Exchange Commission, his base salary will be set at an annual rate of $1.5 million and his aggregate bonus opportunity at target will be $3 million, which for fiscal 2025 will be prorated based on his time in the role of president and CEO. Kathryn Hopkins, WWD, 1 Nov. 2024 Membership in the Ozark Hill Hikers is $12 a year prorated $1 for each month remaining in the calendar year. Flip Putthoff, arkansasonline.com, 22 Oct. 2024 The category is capped at $5 million in total, meaning payouts may be prorated if there are numerous claims exceeding this cap​. Health Information Claims: Customers whose sensitive health information was specifically exposed can claim around $100. Lars Daniel, Forbes, 15 Oct. 2024 See all Example Sentences for prorate 

Word History

Etymology

pro rata

First Known Use

1858, in the meaning defined at transitive sense

Time Traveler
The first known use of prorate was in 1858

Dictionary Entries Near prorate

Cite this Entry

“Prorate.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/prorate. Accessed 24 Nov. 2024.

Kids Definition

prorate

verb
pro·​rate (ˈ)prō-ˈrāt How to pronounce prorate (audio)
prorated; prorating
: to divide or spread proportionately
prorate a weekly wage for three days of work
proration noun
Last Updated: - Updated example sentences
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