service credit
Billing adjustment benefit
Service credit is time counted toward benefits in employment, military, or retirement systems.
Years of service credit determine pension amounts, vacation accrual, or seniority: She has twenty years of service credit toward her pension.
In utilities, a service credit is an amount applied to your account to offset charges, often for outages or billing errors.
- annuityPeriodic fixed payment
- pensionRetiree's ongoing benefit
- vestingGaining full ownership
- accrualIncremental addition over time
- retirement planStrategy for post-work finances
tenure · financial incentive · benefits · contribution · deferred payment · eligibility · good standing · public employee · early retirement · account balance · redemption value · defined benefit · loyalty program · billing cycle · utility company · installment plan · buyback · promotional offers
service creditcash payment
Transaction using physical currency
cash refund · money · direct payment · cash · hard currency
service creditservice charge
Fee for being served
service fee · debit · surcharge · charge · balance due
service, credit, serve, server, serving, served, serves, servant, servile