Apportion

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.

See also

• Time-apportion