proration

noun — 3 senses

proration

noun

Etymology From prorate + -ion?

1

Communications, Electrical engineering, Engineering, Natural sciences, Physical sciences, Telecommunications In 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.

2

Communications, Electrical engineering, Engineering, Natural sciences, Physical sciences, Telecommunications 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.

3

Accounting, Business, Finance 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.

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.