Definition: a proration method in which all months are considered to have 30 days
Pronunciation: \ˈsta-chə-ˌtȯr-ē\
Used in a Sentence: To prorate costs you can use the statutory month method.
Definition: a proration method in which all months are considered to have 30 days
Pronunciation: \ˈsta-chə-ˌtȯr-ē\
Used in a Sentence: To prorate costs you can use the statutory month method.