Meaning & Definition of word "Billing"
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Billing
/ˈbɪlɪŋ/
noun:
- 1. The action or process of sending a bill for payment.
- Example: The billing for the services rendered will be sent at the end of the month.
- 2. An invoice or statement of charges.
- Example: I received a billing from the hospital for my last visit.
- 3. The system or procedure of calculating and recording financial transactions.
- Example: The billing system needs to be upgraded to handle more customers.
verb:
- 1. To send or present a bill or invoice for payment.
- Example: The company will begin billing for the new service next month.
Etymology
Derived from the verb 'bill', which comes from the Old French 'billet', meaning a list or account.
Common Phrases and Expressions
billing address:
The address where a bill is sent or where a person is registered to receive bills.
billing cycle:
The regular interval at which bills are issued and payments are due.
billing dispute:
A disagreement between a customer and a service provider regarding charges on a bill.
Related Words
invoice:
A document issued by a seller to a buyer itemizing and detailing a transaction.
account:
A record of financial transactions pertaining to a particular account holder.
charge:
A price asked for goods or services.
Slang Meanings of billing
Meaning: To bill someone heavily.
Example Sentence: They really billed him for that last minute request.
Meaning: To send someone a bill.
Example Sentence: I'll bill you later for dinner.