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https://innago.com/calculating-prorated-rent/ Pro-rated refers to a calculation method used when dealing with partial periods, especially in billing or financial contexts. It's a way to determine a proportionate or adjusted amount for a service or payment that doesn't cover a full period. For example, if you start a subscription halfway through the month, your bill may be pro-rated to reflect only the portion of the month you'll be using the service. Similarly, if you cancel a service before the billing cycle ends, you might receive a pro-rated refund for the unused portion. Pro-rated calculations ensure fairness and accuracy in financial transactions, accommodating partial usage periods.