the proportional limitation of production or distribution of something (e.g. crude oil or natural gas) to some fractional part of the total capacity of each producer
English language
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proration::noun | Spocien Dictionary
| Type | Words |
|---|---|
| Type of | coordination |
| Derivation | prorate |
Examples of proration
proration
Gov. Bob Riley ordered 12.5 percent proration of the education budget last month.
From the al.com
The proration on the $20.5 million signing bonus he received runs through 2009.
From the timesunion.com
Six months later, Gov. Bob Riley declared proration in the state education budget.
From the al.com
Proration occurs when the state comes back during the year and reduces its budget.
From the al.com
This year, money would flow to the Education Trust Fund to try to avoid proration.
From the al.com
Before he can access the rainy day funds, Riley first must declare proration.
From the al.com
Proration is a term for spending cuts caused by lower-than-expected tax collections.
From the al.com
Gov. Bob Riley ordered a 12.5 percent proration of the ETF last month.
From the al.com
Main said it was too early to talk about whether 2009 budget would wind up in proration.
From the al.com
- The proportional limitation of production or distribution of something (e.g. crude oil or natural gas) to some fractional part of the total capacity of each producer
- (prorate) make a proportional settlement or distribution
- (prorate) divide or assess proportionally; "The rent was prorated for the rest of the month"
- Pro rata is an adverb or adjective, meaning in proportion. The term is used in many legal and economic contexts. It is sometimes spelled pro-rata, but this is technically a misspelling of the Latin phrase. In North American English this term has been vernacularized to prorated.
- Budgeting the proportional distribution or allocation of parameters, such as noise power and transmission losses, among a number of tandem-connected items, such as equipment, cables, links, or trunks, in order to balance the performance of communications circuits; In a telephone switching ...
- (Prorations) The allocation of charges and credits to the appropriate parties at a real estate sale and/or loan closing at a real-estate sale and/or loan closing.
- (prorations) Expenses, either prepaid or paid in arrears, that are divided or distributed between buyer and seller at the closing.
- (Prorations) The allocation of expenses, such as taxes between buyer and seller at closing based on the number of days the property is owned during the month of closing.
- (PRORATIONS) The term used to allocate certain expenses proportionately between the seller and buyer. These expenses may be continuing, i.e., real estate taxes or prepaid, i.e., a furnace maintenance contracts. ...
