Paying Bills Pop Flashcard

Front

What word means to occur repeatedly?

Back

Recurring: Happening again and again.

Front

This means every month.

Back

Monthly: Occurring once a month.

Front

These are funds applied to your account which reduce what you need to pay.

Back

Bill Credits: Amounts that reduce your total bill.

Front

This means every two weeks.

Back

Biweekly: Occurring every two weeks.

Front

This is a bill calculated only for the time our amount of service used.

Back

Prorated Bill: A bill that reflects the actual usage of service.

Front

What is the term for the total amount you owe on a bill?

Back

Total Amount Due: The full amount that needs to be paid.

Front

What is the term for the period in which services are billed?

Back

Billing Cycle: The time frame for which services are billed.

Front

What is the term for a payment made to reduce the total amount due?

Back

Payment: An amount paid to settle a bill.

Front

What does it mean if a bill is overdue?

Back

Overdue: A bill that has not been paid by its due date.

Front

What is the term for a reminder to pay a bill?

Back

Bill Reminder: A notification to prompt payment of a bill.