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.
The statutory thresholds, however, are not reduced or prorated for the dual-status taxpayer. Virginia La Torre Jeker, J.d., Forbes, 22 Nov. 2024 Payrolls are based on 2023 salaries, earned bonuses and escalators, option buyouts and prorated shares of signing bonuses for 40-man rosters, and cash transactions in trades are factored in the calculations. Ronald Blum, San Diego Union-Tribune, 2 May 2024 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 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 25 Dec. 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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