What is another word for pro rating?

Pronunciation: [pɹˈə͡ʊ ɹˈe͡ɪtɪŋ] (IPA)

Pro rating is a term used in finance which refers to the distribution of costs or benefits in proportion to the amount of time used or the level of activity achieved. Some common synonyms for pro rating include proportional distribution, prorating, allocation, apportionment, and divvying up. Each of these terms refers to the process of assigning a portion of a larger amount based on a specific equation or formula. Pro rating is often used in insurance premiums, rent payments, and employee wages. Whatever the context may be, the goal of pro rating is to ensure fairness and accuracy in distributing costs or benefits among multiple parties.

What are the hypernyms for Pro rating?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the opposite words for pro rating?

Pro rating is the process of proportionally distributing a charge or credit based on the portion of time or usage that has occurred. The antonyms for pro rating could be "lump sum" or "full payment." A lump sum payment is a single payment made for a product or service without any division or installment. Full payment refers to the complete payment of a debt or obligation. Unlike pro rating, where payments are divided proportionally, full payment is made in its entirety. Both lump sum and full payment are opposite to pro rating as they do not involve any proportionate payment or division.

What are the antonyms for Pro rating?

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