Prorated (noun) Definition, Meaning & Examples

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adjective
  1. (especially of charges or payments) calculated in proportion to some other quantity, such as time: Fellowships to support the study of invention and innovation are awarded for a maximum of ten weeks and carry a prorated stipend.
verb
  1. the simple past tense and past participle of prorate.
Prorated (noun) Definition, Meaning & Examples

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