Proration

nounverified·updated May 18, 2026

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the proportional limitation of production or distribution of something (e.g. crude oil or natural gas) to some fractional part of the total capacity of each producer

Framework senses

1 sense across 1 framework

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§1: the proportional limitation of production or distribution of something (e.g. crude oil or natural gas) to some fractional part of the total capacity of each producer