How Do You Spell PRORATE?

Pronunciation: [pɹˈɔːɹe͡ɪt] (IPA)

Prorate is a verb that means to allocate, distribute or apportion a particular amount proportionally. Its spelling is based on the Latin word "pro rata" which means "in proportion". The word is pronounced as \prɔːreɪt\ in the International Phonetic Alphabet (IPA), with the stress on the second syllable. The first syllable is pronounced as "pro" and the second syllable is pronounced as "rate". Its spelling and pronunciation might seem confusing initially, but once you grasp its phonetic transcription, it becomes easy to understand and use it correctly.

Meaning and Definition
Common Misspellings
Etymology
Similar spelling words
Conjugate verb
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PRORATE Meaning and Definition

  1. Prorate is a verb that refers to the allocation, distribution, or calculation of something proportionally based on a particular factor, usually relating to time or to a specific period. The word is often used in financial and business contexts, as well as in other fields such as insurance or engineering.

    When applied to finances, prorating involves dividing or apportioning an expense, payment, income, or account in relation to a specific period or under certain circumstances. This could involve calculating the proportions for billing or reimbursement purposes, especially when a service or product is only provided or used for a portion of the standard billing cycle. For example, if a monthly subscription fee of $100 is prorated for a customer who signs up halfway through the month, the prorated amount would be $50.

    Furthermore, prorating is commonly employed in the insurance industry to determine the premium or coverage based on the remaining time left in a policy period. It ensures that clients are billed or refunded according to the precise time frame during which they are insured.

    In a broader sense, prorating can also refer to the fair or proportional division of any resource, responsibility, or benefit among multiple parties based on specific criteria or in accordance with applicable guidelines or laws.

    In summary, prorate is a term used to describe the fair allocation or distribution of something according to specific factors or circumstances, particularly in financial, business, or time-related contexts.

Common Misspellings for PRORATE

Etymology of PRORATE

The word "prorate" is derived from two Latin words: "pro" meaning "for" or "forward" and "rata" meaning "rate". The term "prorate" was first recorded in English in the late 19th century and it refers to the act of proportionally distributing or allocating something, especially in terms of costs, expenses, or fees, based on a certain rate or proportion.

Similar spelling words for PRORATE

Conjugate verb Prorate

CONDITIONAL PERFECT

I would have prorated
you would have prorated
he/she/it would have prorated
we would have prorated
they would have prorated
I would have prorate
you would have prorate
he/she/it would have prorate
we would have prorate
they would have prorate

CONDITIONAL PERFECT PROGRESSIVE

I would have been prorating
you would have been prorating
he/she/it would have been prorating
we would have been prorating
they would have been prorating

CONDITIONAL PRESENT

I would prorate
you would prorate
he/she/it would prorate
we would prorate
they would prorate

CONDITIONAL PRESENT PROGRESSIVE

I would be prorating
you would be prorating
he/she/it would be prorating
we would be prorating
they would be prorating

FUTURE

I will prorate
you will prorate
he/she/it will prorate
we will prorate
they will prorate

FUTURE CONTINUOUS

I will be prorating
you will be prorating
he/she/it will be prorating
we will be prorating
they will be prorating

FUTURE PERFECT

I will have prorated
you will have prorated
he/she/it will have prorated
we will have prorated
they will have prorated

FUTURE PERFECT CONTINUOUS

I will have been prorating
you will have been prorating
he/she/it will have been prorating
we will have been prorating
they will have been prorating

IMPERATIVE

you prorate
we let´s prorate

NONFINITE VERB FORMS

to prorate

PAST CONTINUOUS

I was prorating
you were prorating
he/she/it was prorating
we were prorating
they were prorating

PAST PARTICIPLE

prorated

PAST PERFECT

I had prorated
you had prorated
he/she/it had prorated
we had prorated
they had prorated

PAST PERFECT CONTINUOUS

I had been prorating
you had been prorating
he/she/it had been prorating
we had been prorating
they had been prorating

PRESENT

I prorate
you prorate
he/she/it prorates
we prorate
they prorate

PRESENT CONTINUOUS

I am prorating
you are prorating
he/she/it is prorating
we are prorating
they are prorating

PRESENT PARTICIPLE

prorating

PRESENT PERFECT

I have prorated
you have prorated
he/she/it has prorated
we have prorated
they have prorated

PRESENT PERFECT CONTINUOUS

I have been prorating
you have been prorating
he/she/it has been prorating
we have been prorating
they have been prorating

PRESENT SUBJUNCTIVE

he/she/it prorate

SIMPLE PAST

I prorated
you prorated
he/she/it prorated
we prorated
they prorated

Infographic

Correct spelling for prorate
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