Pro rated is a term commonly used in business and finance to refer to a proportional adjustment of something based on a specific amount of time. Some synonyms for the term include proportionate, proportional, fair, equitable, and just. Other alternatives to pro rated are cut-rate, reduced-price, discounted, or lowered. In accounting, pro rata is a comparable term. Similarly, in the world of insurance, pro rata and short-rate are used. It is essential to know these synonyms for pro rated, as they can assist in communicating financial information to stakeholders in a clear and concise manner.