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statement period

nounB2Not compared — the two pools are counted one word at a time, so a phrase has no score

A statement period is the stretch of time one statement covers. The statement period ends on the fifteenth, within the statement period.

It rarely matches the calendar month, which is why a payment can look late when it was not. On a credit card the statement period decides how long you get interest-free.

Definitions of statement period

  1. 1nounstatement periodThe stretch of time one statement covers.B2

    “The charge fell just outside the statement period and showed up a month later.”

statement period is a period.

Practised in Bank & Post Office

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