prorate
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
If investors as a group request more than 5%, the funds have to choose: honor the whole ask, or stick to the limit and prorate every investor.
While it lacks live support and has a prorated refund policy, these drawbacks are minor.
From Salon
Private credit funds are experiencing a surge in redemption requests due to anxieties over problem loans, leading some to prorate payouts.
From Barron's
At the end of that window, if the total exceeds the typical 5% cap, all the requests can be prorated.
“We expect that this higher-than-expected capital generation is at least partly explained by management’s comment that the “natural catastrophe experience… was below the prorated annual budget”, they say.
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.
