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

Derived forms: prorates, prorated, prorating

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

Encyclopedia: Prorate