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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
Check
A written instrument that directs a bank to pay a specific sum of money to the bearer or named payee.
Mobile Banking App
Mobile banking is the use of a mobile app to access and manage banking services such as account transactions, bill payments, and account transfers.
Credit Union
A cooperative financial institution that is owned and controlled by its members, who are also its customers.