proration
Dividing by share
Proration is the division of something proportionally, typically costs or payments spread across time or parties.
Insurance companies prorate refunds when policies are canceled mid-term.
Landlords prorate rent for partial months: Your first month's rent will be prorated since you're moving in on the fifteenth.
The verb is prorate.
Allocation across recipients
- allotmentDesignated share or portion
- disbursementDistribution of funds
- earmarkingAllocating for specific purpose
- assignmentAllocated work or duty
rationing · budgeting · partitioning · share · quota · portion · segment · slice
Mathematical processing work
- formulaFixed method or notation
- percentageProportion out of hundred
- fractionPart divided by whole
- arithmeticMathematics of basic operations
ratio · estimation · spreadsheet · accounting · quantification · algorithm · actuarial · precision
Itemized billing statement
- rentPayment for temporary use
- utilitiesEssential infrastructure services
- insuranceContractual risk coverage
- premiumAdded cost for better
subscription · dues · fees · charges · taxes · escrow · lease · tenancy
Planned reduction in spending
- decreaseBecome or make smaller
- abatementDecrease in force
- deductionConclusion from premises
- discountReduced price offered
rebate · credit · shortfall · underpayment · clawback · withholding · curtailment
Computing something again
- reassessmentRenewed evaluation of something
- correctionFixing of mistakes
- modificationAct of altering something
- refinementElegance of manner
amendment · revision · reconciliation · true-up · settlement · balancing · equalization · normalization
distribution
Allocation across recipients
- allotmentDesignated share or portion
- disbursementDistribution of funds
- earmarkingAllocating for specific purpose
assignment · rationing · budgeting · partitioning · share · quota · portion · segment · slice · dividing
computation
Mathematical processing work
- formulaFixed method or notation
- percentageProportion out of hundred
- fractionPart divided by whole
arithmetic · ratio · estimation · spreadsheet · accounting · quantification · algorithm · actuarial · precision · time-based
invoice
Itemized billing statement
- rentPayment for temporary use
- utilitiesEssential infrastructure services
- insuranceContractual risk coverage
premium · subscription · dues · fees · charges · taxes · escrow · lease · tenancy · payroll
cutback
Planned reduction in spending
discount · rebate · credit · shortfall · underpayment · clawback · withholding · curtailment
recalculation
Computing something again
- reassessmentRenewed evaluation of something
- correctionFixing of mistakes
- modificationAct of altering something
refinement · amendment · revision · reconciliation · true-up · settlement · balancing · equalization · normalization · reapportionment
- property transfertransfer of ownership, title, property transfer, lease, conveyance
- warrantieswarranty, limited warranty, full warranty, express warranty, implied
- Closingsclosing, closing costs, closing statement, escrow, title insurance
- real estatehouse, home, apartment, property, sale
- accountingbookkeeping, ledger, balance sheet, general ledger, accounts payable
- billingbilling, bill, invoices, payment, invoicing
prorationflat rate
Unchanging price regardless of quantity
fixed amount · lump sum · one-size-fits-all · share and share alike