Another Word For Prorated

Meaning

The word "prorated" refers to the process of allocating an amount proportionally based on a certain factor, usually time or usage. For example, when expenses are split among multiple parties based on their share of the total usage or duration, they are said to be prorated. This often occurs in financial contexts, such as determining how much rent is owed for a partial month or how to divide costs among individuals based on their level of participation.

Synonyms

• Allocated
• Distributed
• Apportioned
• Divided

Antonyms

• Total
• Entire
• Full
• Whole

Etymology

The term "prorate" comes from the Latin word "pro rata," which means "in proportion." It is derived from "pro," meaning "for," and "rata," the feminine form of "ratus," meaning "fixed or settled." The term entered English usage in the late 19th century.

Examples

1. The company decided to prorate the employee's vacation days based on the number of months they worked.
2. When he moved out midway through the month, the landlord prorated the rent to only charge him for the days he stayed.
3. The insurance premium was prorated to reflect the shorter coverage period after canceling the policy early.
4. To ensure fairness, utility bills were prorated among all tenants based on their individual usage over the billing period.