annual billing
Once-per-year charges
Annual billing is a payment arrangement where charges are collected once per year rather than monthly or quarterly.
Subscriptions and memberships often offer annual billing at a discount: Switch to annual billing and save 20%.
The single payment covers twelve months of service.
- subscriptionPaid recurring access
- subscription boxRegular curated product delivery
- monthlyOccurring each lunar cycle
- renewalMaking current again
- invoiceItemized billing statement
payment · credit card · one time payment · yearly · recurring · charge · fee · cycle · plan · payment plan · discount · price break · automatic · membership · premium · statement · due · cost
- billing cycledue date, statement date, grace period, recurring charge, closing date
- payment termspayment due date, past due, late payments, payment deadline, late fee
- billing types
- payment optionscredit card, debit card, PayPal, bank transfer, gift card
payment timing structure
annual billingmonth-to-month
Renewable each period
pay-as-you-go · pay-per-use · cancel anytime · one-time purchase
annual, billing, annually, annuals, bill, bills, billed, biller, annuity