Definition of Prorated:
Divided based on another value, usually a unit of time. Common examples of things that are prorated are rent or utility bills, which are reduced based on the amount of time you have lived in the house. If you start living in a residence mid-month, your bills are usually prorated to take into account that you only lived there a percentage of the regular billing cycle.
How to use Prorated in a sentence?
- Your phone bill for the month of April will be prorated just because you switched from your previous carrier to ours.
- I explained to him what prorated meant and how it was based on another value and it baffled him and made him ask more questions.
- You may want to pay someone for a big shipment in a prorated way if they trust you enough to accept that.
Meaning of Prorated & Prorated Definition