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Meaning of prorate

pro•rate

Pronunciation: (prō-rāt', prō'rāt"), [key]
— v., -rat•ed, -rat•ing.
—v.i.
  1. to make an arrangement on a basis of proportional distribution.
—v.t.
  1. to divide, distribute, or calculate proportionately.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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