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Verb: prorate  prow'reyt or 'prow,reyt
  1. Make a proportional settlement or distribution
     
  2. Divide or assess proportionally
    "The rent was prorated for the rest of the month"

Derived forms: prorated, prorates, prorating

Type of: calculate, cipher, compute, cypher, figure [N. Amer], reckon, settle, work out

Encyclopedia: Prorate