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proration

   Also found in: Legal, Financial, Wikipedia 0.01 sec.
pro·rate  (pr-rt, prrt)
v. pro·rat·ed, pro·rat·ing, pro·rates
v.tr.
To divide, distribute, or assess proportionately.
v.intr.
To settle affairs on the basis of proportional distribution.
[From pro rata.]
pro·rata·ble adj.
pro·ration n.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.proration - the proportional limitation of production or distribution of something (e.g. crude oil or natural gas) to some fractional part of the total capacity of each producer
coordination - the regulation of diverse elements into an integrated and harmonious operation
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On the ballot in November is a constitutional amendment that, if proration is declared, would allow the state’s schools to borrow money from about $3 billion in oil and gas royalties the state holds in trust.
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The 12 chapters compare appraisal methods for establishing valuation, walk through the calculation of yield and return, clarify the various forms of proration, suggest investment alternatives, and outline related tax rules.
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This preliminary proration factor is subject to change based on, among other things, the actual number of tendered shares that satisfy the guaranteed delivery procedures.
Franklin Covey Announces Preliminary Results of Tender Offer by Business Wire
 
 
 
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