WordNet-Online
Free dictionary and thesaurus of English. Definitions, synonyms, antonyms and more...
Hint: double-click any word to get it searched!

	Enter your search terms Submit search form
	Web www.wordnet-online.com

Definitions from the Web

Awaiting Payment Cycle

Definition:

The period of time during which a payment is expected but has not yet been received or processed.

Senses:

1. Popular Sense:

In this sense, "awaiting payment cycle" refers to the waiting period for a payment to be completed and processed, commonly seen in various financial transactions, business agreements, or billing systems.

Example Sentence:

My invoice was sent out last week, and now I'm just awaiting payment cycle to receive the funds.

2. Local Sense:

In some local contexts, "awaiting payment cycle" might specifically allude to a regional or industry-specific payment cycle where certain payment methods or procedures are followed.

Example Sentence:

As per the regulations of our local industry, the awaiting payment cycle for suppliers after delivery is 30 days.

Possible Related Products:

• Accounting Software
• Billing System
• Financial Management Tools
• Business Agreements