The meaning of PRORATED is divided, distributed, or assessed proportionately (as to reflect an amount of time that is less than the full amount included in an initial arrangement).

PRORATED definition: (especially of charges or payments) calculated in proportion to some other quantity, such as time. See examples of prorated used in a sentence.

Attendees joining the course later will pay a prorated fee. Any new projects would be funded on a prorated basis.

prorate something to calculate a payment according to how much of something has been used, the amount of work done, etc. The bonus will be prorated according to salaries.

Define prorated. prorated synonyms, prorated pronunciation, prorated translation, English dictionary definition of prorated. v. pro·rat·ed , pro·rat·ing , pro·rates v. tr. To divide, distribute, …

/ˌˈproʊˌˈreɪt/ /ˈprʌʊreɪt/ IPA guide Other forms: prorated; prorating; prorates To prorate is to divide something in a proportional way, based on time. If your new landlord prorates your first …

If someone has been a customer for less than a year, you can offer them a prorated fee corresponding to the actual time they've used your services when it comes time to bill them.

If weather and/or sea conditions cause your trip to return early, the boat fare will be prorated. Collins COBUILD Advanced Learner’s Dictionary. Copyright © HarperCollins Publishers

prorate verb pro· rate (ˌ)prō-ˈrāt ˈprō-ˌrāt prorated; prorating Synonyms of prorate transitive verb : to divide, distribute, or assess proportionately

Prorated means to divide or distribute proportionately. In short, the meaning of prorated is splitting a numeric value based on the proportion of time passed in the relevant time frame.