"Prorated" Pronounce,Meaning And Examples

"Prorated" Natural Recordings by Native Speakers

Prorated
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"Prorated" Meaning

Proportional or proportional in accordance with a total: a rental reduction on a short lease agreed to pro rata.

"Prorated" Examples

5 Usage Examples for the Word "Prorated"


1. Billing and Invoicing

The client was billed a prorated amount for the remaining months of the service contract since they cancelled early.

2. Payment Terms

The interest on the loan was prorated over the remaining period of the loan agreement, ensuring it was manageable for the borrower.

3. Business Subscription

The company offered a prorated refund for the unused portion of the year since customers had decided to cancel their subscription plans early.

4. Education

Students who dropped out of school mid-semester could receive a prorated tuition refund based on the remaining number of weeks in the semester.

5. Health Insurance

The insurance policy prorated the premium based on the age of the policyholder at the time of the policy's start, offering a discounted rate for early sign-up.

"Prorated" Similar Words

Propylhexedrine

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Propylhexedrine is a sympathomimetic amine that is classified as a stimulant drug. It works by stimulating the central nervous system, releasing the body's stored norepinephrine and increasing levels of norepinephrine.<br><br>Its common brand name is Benzedrex, and it is often used medically as a nasally administered decongestant, often found in inhalers to relieve nasal congestion. However, the recreational use of propylhexedrine is gaining notoriety due to its possible use as an inhalant or the ability to induce a stimulant effet or a euphoric feeling.

Propylic

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1. Relating to a propylene group.

Propylidene

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A derivative of propane, also known as isopropylidene or propylidene group, is a functional group in organic chemistry.

Propylon

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A propylon is a Russian system of approximately 100 barricades that was deployed at the boundary of the Soviet Union, along with barbed wire, ruts, and dogs, to isolate the demilitarized zone from the rest of the Soviet Union.

Propylparaben

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A preservative derived from p-hydroxybenzoic acid, commonly used in cosmetics and pharmaceuticals to extend the shelf life of products by preventing the growth of bacteria and fungi.

Propylthiouracil

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Propylthiouracil (PTU) is a synthetic antithyroid medication used to treat hyperthyroidism, a condition where the thyroid gland produces excessive amounts of thyroid hormones. <br><br>It works by:<br><br>1. Inhibiting the synthesis of thyroid hormones: PTU blocks the enzyme thyroid peroxidase (TPO), which is necessary for the conversion of iodine into thyroid hormones.<br>2. Reducing the release of thyroid hormones: PTU also decreases the release of pre-formed thyroid hormones from the thyroid gland.<br><br>By doing so, PTU slows down the production of thyroid hormones in the body, thereby reducing the symptoms of hyperthyroidism.

Propyzamide

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Propyzamide is a pre-emergence herbicide used to control annual grass weeds and certain broadleaf weeds. It belongs to the triazine family of herbicides and is used in agriculture and horticulture to prevent weeds from germinating and growing. It works by inhibiting photosynthesis in susceptible plants, ultimately leading to their death.

Prorate

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Prorates

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To distribute or divide something in proportion to the amount used or the period of time, especially in relation to a particular service or expense; to share or charge something according to certain rules or qualifications.<br><br>Example: The school prorated the bus fare for the students, so those who rode for only half the semester only paid half price.

Prorating

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Proration

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Proration refers to the process or practice of allocating a share or portion of something, often in a proportional or equal manner, usually in time or at an average rate, especially in a situation where a whole is divided into parts according to their respective interests or needs.<br><br>In business, proration is often used in areas such as taxation, rating, or pricing to allocate costs or payments fairly among parties. It is also used to adjust payments or portions in situations where there is an incomplete or irregular period.<br><br>For example, in tax proration, a person may prorate their property taxes if they sell a property part-way through the tax year, to reflect the pro rata share of the tax they have paid or will have to pay for the period of ownership.<br><br>In other contexts, proration means dividing something in proportion to the length of time it is used or enjoyed.

Prorations

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Prorations refer to a partial refund or partial payment of a fee or installment, especially in cases where an individual or entity is leaving a service, such as a lease or a contract, before their expected end date. The proration process involves calculating the proportion of the fee that is due based on the amount of time remaining until the end of the agreement. In other words, if you leave a service 6 months into a 12-month agreement, you would only pay for the 6 months you used the service, rather than the full 12 months.

Prore

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"Prore" is likely a misspelling or a non-standard term. However, a possible word that comes close in meaning is "fore".<br><br>Fore can be used as an adverb or a noun. As an adverb, it is an old-fashioned way of saying "forward" or in front of something. For example: "move fore and back" or "the fore of the boat".<br><br>As a noun, "fore" can be used to refer to the front of a ship, a car, or the nose of an aircraft.

Prorectorate

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Prorhinal

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"Prorhinal" is not a valid word in the English language. It is possible that it is a misspelling or a made-up word.

Prorogate

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To postpone or delay, typically the end of a session or parliament.