Recurring Billing

See: Recurring Revenue. Recurring billing is just the opposite.

Instead of you being Comcast in this story, you're Joe America who pays his hundred bucks and change a month, every month, for the finest in TV programming, internet access, and of course, the elusive "and more!" You are discreetly billed, usually via ACH auto-payments from your bank account, and don't even realize that you're paying some $1,200 or more a year for the privilege.

Sneaky, painless, unnoticed billing. The best billing (if you're a seller).



Find other enlightening terms in Shmoop Finance Genius Bar(f)