Meaning Prorated
What does Prorated mean? Here you find 2 meanings of the word Prorated. You can also add a definition of Prorated yourself

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Prorated


Any time a change is made to the rate or billing period, the bill is prorated into parts to correspond with the change. For example, if you sign up for service on the 10th of the month, your account will be “prorated,” or charged only for part of that month. Prorated billing also happens if electricity rates change mid-month and Idaho Power needs t [..]
Source: idahopower.com (offline)

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Prorated


prorate
Source: en.wiktionary.org




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