Interval between periodic billings for goods sold or services rendered, normally one month, or a system whereby bills or statements are mailed at periodic intervals in the course of a month in order to distribute the clerical workload evenly (see Cycle Billing).
Billing Cycle
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 | telecollections (in marketing) |
| Periodic Statement (in banking) |
| Previous Balance (in banking) |
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 | Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved. Read more |
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