Proration
Definition & Meaning
Part of speech noun
Quick meaning: Proration is a noun meaning (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.
Meaning
(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.
More Meanings
- (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.
- (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.
Word Forms
- prorations
Related Words
Related dictionary entries include distribution, apportion, apportionment, apportioning, allocation, distribute.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
Dictionary data is provided by FreeDictionaryAPI.com and sourced from Wiktionary under its stated license.