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1 definition found From The Collaborative International Dictionary of English v.0.48 [gcide]: Prorate \Pro*rate"\, v. t. [imp. & p. p. {Prorated}; p. pr. & vb. n. {Prorating}.] [From L. pro rata (sc. parte) according to a certain part, in proportion.] To divide or distribute proportionally; to assess pro rata. [U.S.] [1913 Webster]
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