Definition of Proration

1. Noun. 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.

Generic synonyms: Coordination
Derivative terms: Prorate, Prorate

Definition of Proration

1. Noun. (telecommunication) 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. ¹

2. Noun. (telecommunication) In a telephone switching center, the distribution or allocation of equipment or components proportionally among a number of functions, to provide a requisite grade of service. ¹

3. Noun. (accounting) In the insurance industry, the act of taking money that is currently due from the insurance company and moving it to the patient, knowing that the dollar amount being moved is due from the patient as a deductible, coinsurance, or copayment amount. ¹

¹ Source: wiktionary.com

Definition of Proration

1. [n -S]

Lexicographical Neighbors of Proration

propylitization
propylitizations
propylketobemidone
propylon
propylons
propyls
propylthiouracil
propyne
propyphenazone
propædeutic
proratable
prorate
prorated
prorates
prorating
proration (current term)
prorations
prore
prorector
prorectorate
prorectorates
prorectors
proreform
prorenin
prores
proresearch
prorhinal
prorogate
prorogated
prorogates

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