The billing Cycle is the interval between issuing periodic statements for credit accounts.
Credit Card Context:
“Maria reviews her monthly credit card statement to ensure all transactions during the billing cycle are accurate before making her payment.”

Utility Bills:
“The utility company sends out bills at the end of each billing cycle, which lasts approximately 30 days, depending on the specific service.”

Loan Repayment:
“During each billing cycle, the lender calculates the interest owed based on the outstanding balance, and a new statement is generated at the cycle’s end.”

Subscription Service:
“Netflix charges users at the beginning of each billing cycle, which covers the next 30 days of service.”

Telecom Services:
“Your mobile provider may prorate charges if you start or stop services in the middle of a billing cycle, adjusting the fees accordingly.”