Apportion
From ACT Wiki
1.
To allocate a money amount on a time basis.
Example
Total profits of EUR 100,000
for a period of one year (365 days)
consisting of a one month (30 days) period and
an 11 months (335 days) period
would be time-apportioned as follows:
One-month period:
100,000 x 30 / 365
= EUR 8,219
11-months period:
100,000 x 335 / 365
= EUR 91,781
(This is also known as 'time-apportionment'.)
2.
To allocate a money amount on any other systematic basis.
For example, to allocate the total costs of a shared building on the basis of floor areas.
3.
To allocate any amount on any systematic basis.
