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Statement Period
The length of time covered by a bank or credit card statement, typically one month, used to determine which transactions are displayed.
More Details
The statement period is the period of time covered by a bank or credit card statement. It is the time between the last statement and the current statement.
Example
You receive a credit card statement that covers the period of time from May 1st to May 31st. The statement period is May 1st to May 31st.
Related Terms
Statement Period
The length of time covered by a bank or credit card statement, typically one month, used to determine which transactions are displayed.
Mobile Check Deposit
A feature in a banking app that allows a user to deposit a check into their bank account, typically by taking pictures of the check.
Authorization
The process of verifying that a person has the right to use a particular credit or debit card for a transaction to protect against fraud.