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cycle billing

noun
1.
a method of billing customers at monthly intervals in which statements are prepared on each working day of the month and mailed to a designated fraction of the total number of customers.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for cycle billing
  • First, the practice of so-called double-cycle billing is particularly galling.
  • The due date for all budget billing accounts carry the same due date as the regular cycle billing accounts.
  • Similarly, another practice that may cause customer confusion is double-cycle billing.
  • Distribution cooperatives generally use cycle billing or budget billing.

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