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Prorate for Dummies

verb

pronunciation: proʊ'reɪt

What does Prorate really mean?

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Prorate is a word that you might have heard before, but might not be completely sure what it means. That's totally okay! Sometimes words can be a little bit confusing, but I'm here to help you out. So, what does "prorate" mean? Let's break it down together!

When we say something is "prorated," it means that it is divided or distributed proportionally. Imagine you have a big, delicious pizza that you want to share with your friends. You don't want one friend to get more slices than the others, right? So, you would prorate the pizza and give everyone an equal amount of slices. This way, everyone can enjoy the pizza together and be happy!

In other situations, "prorate" can also mean dividing or distributing things in a fair and balanced way based on the amount of time that has passed. Let's say you have a monthly phone plan, but you decide to cancel it in the middle of the month. The phone company might prorate your bill, which means they will only charge you for the number of days that you actually used the phone service. This way, they're being fair and making sure you only pay for what you used.

So, to put it simply, "prorate" means dividing or distributing something proportionally or based on time. It's like sharing a pizza equally with your friends or only paying for the part of something that you actually used. Remember, it's all about being fair and making sure things are divided evenly!


Revised and Fact checked by Robert Jones on 2023-10-28 16:57:08

Prorate In a sentece

Learn how to use Prorate inside a sentece

  • When you have a group of friends and you want to share a pizza equally, you can prorate the cost so everyone pays the same amount.
  • If you go on a vacation and you have to leave early, the hotel might prorate your bill and only charge you for the nights you stayed.
  • Imagine you have a monthly phone plan but you only used half of it, the phone company might prorate the cost and only charge you for the days you used.
  • Let's say you rented a car for a week but returned it after four days, the car rental agency might prorate the cost and only charge you for the days you had the car.
  • If you join a gym in the middle of the month, they might prorate your membership fee and only charge you for the remaining days of that month.

Prorate Hypernyms

Words that are more generic than the original word.