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What does pro-rated mean?

mean pro-rated
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What does pro-rated mean?

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We like to do all of our billing at the beginning of each month. For that reason we do something called “pro-rating.” With pro-rating the system figures out how much time is left in the billing month and figures out a percentage of a total month’s bill. For both of our convenience the pro rated current month AND next month are charging at the same time.

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We like to do all of our billing at the beginning of each month. For that reason we do something called “pro-rating.” With pro-rating the system figures out how much time is left in the billing month and figures out a percentage of a total month’s bill. For both of our convenience the pro rated current month AND next month are charging at the same time.

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