Billing Statement
/ˈbɪlɪŋ ˈsteɪtmənt/
Definitions
- (n.) A document itemizing charges for goods or services provided, serving as a formal request for payment in legal and commercial contexts.
The creditor sent a billing statement detailing the outstanding balance and payment due date.
Forms
- billing statement
- billing statements
Related terms
See also
Commentary
In legal drafting, ensure clarity in what charges are included and the payment terms, as billing statements can be evidence in disputes over payments.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.