proratable in a sentence
a.
📚 Grade Level: Grade 9, Grade 10, Grade 11, Grade 12
Definition
Proratable refers to the ability to allocate or distribute costs or benefits proportionally based on a specific factor, such as usage or participation.
Sample Sentences
- The costs associated with the project are proratable based on the number of participants.
- In the event of early termination, any non-used vacation days will be proratable to the employee's final paycheck.
- The landlord agreed that the utilities would be proratable among the tenants according to their lease agreements.
- During the financial review, the accountant noted that some expenses were not proratable and would need to be covered in full.
- For tax purposes, the fees incurred during the first quarter are proratable to ensure accurate reporting.