Prepaid Commitment

The total amount you commit to pay in advance for a defined period. This balance is drawn down over time as eligible charges are applied against it.

Commitment Period

The duration during which your prepaid balance is active and tracked. Any unused balance at the end of this period expires and is no longer available for use.

Prepayment Frequency

The schedule on which your prepaid commitment is billed. For example, monthly, quarterly, or annually. This is configured at the time the commitment is created and cannot be changed once billing begins.

Consumption

The reduction of your prepaid balance as eligible charges including one-time, recurring, and usage charges are applied against it over the commitment period.

Prepayment Credit Applied

A separate line item on your invoice that offsets the cost of service charges using your available prepaid balance. This line appears as a negative amount, reducing the total amount due.

Prepayment Installment

An invoice line item representing a scheduled payment toward your prepaid commitment. Installments are generated based on your configured billing frequency.

Overage

Charges that exceed your available prepaid balance. When your balance is fully consumed, any remaining service charges are billed as standard overage at the applicable rate.

Acceleration

The process of billing all remaining unpaid prepayment installments ahead of schedule. Acceleration can be triggered manually or automatically based on your consumption activity.

Expiration

The process by which any unused prepaid balance is reduced to zero at the end of a commitment period. Expired balances are forfeited and cannot be carried forward or refunded.