Does prorated mean free?
I'm trying to understand if the term 'prorated' implies something is free of charge. I've encountered this word in a few contexts and want to clarify its meaning, especially in relation to costs or payments.
What is an example of prorated?
I'm trying to understand prorated better. Could you provide me with an example of prorated so I can grasp the concept more clearly?
What is a prorated monthly fee?
I'm trying to understand what a prorated monthly fee is. Could someone explain this concept to me in simple terms? I want to know how it works and how it's calculated.
Is prorated a refund?
I'm wondering if prorated payment counts as a refund. When a service or subscription is prorated, does that mean I'm getting a partial refund for the unused time, or is it just an adjustment in the next payment?