What is the synonym of a pro rata?
In a university assignment where I am trying to find a word appropriate to the following situation : A business’ expense in a particular region is valued
at $100 in January. I had some ideas, and i went online to track it. As I study English not first language and I am trying to be creative. If you were to calculate the estimated expenses by the end of the quarter it would be $300, by the end of the first 6 months it would be $600, and by the end of the year the estimated expense would be $1200.
How do I describe the estimated figure? Is the word annualized appropriate for the proposed quarterly estimation? No idea what reverse pro rata is. I love vintage… I can’t find this word I can think of.
I have retired accountant! What are your questions? Pro-rata is accountancy jargon, usually in adverbial context, though sometimes as a verb, for the dictionary verb prorate (a.k.a. prorate.)
This is not a word is restricted to finance. In Oxford Dictionary Online “Pro-rata” meaning allocate, distribute or assess?
What type of account you describe is used to refer to pro-rata? It is merely a rate per month. I see nothing wrong, in this context, with the terms periodize or annualize which you suggest.
Pro-rata is used where a cost, capital expense, or item of income, cannot otherwise be individually allocated (e.g. tax or tax)? Is a department, cost centre, project, or through other employees, apportioned on the basis of something else?
Example. What is a building used by a number of different businesses? How do rent and other building costs be allocated to each individual entity? A common method would be to pro-rata expenditures based on floor area occupied. The overall cost would be calculated as a rate per square foot and then charged to the different entities based on the area each occupies.
Inside an individual company overheads are pro–rated in this way based on a number of different factors e.g. cost of materials, labor, management costs etc.. Based on the basic operating characteristics, overhead costs are not included in the equation. (Independent factors) Personal cost of employee.
Is an absolute solution to the questions you asked apportion (give or allocate)?
