Glossary
Statement period
Definition
The date range a bank statement covers, usually one calendar month or a billing cycle.
Periods don't always align with calendar months — credit cards often run mid-month to mid-month. Transactions dated outside the period can indicate a parsing error or a wrong year.
Related terms
- Opening balance
The account balance at the start of the statement period, also called beginning, previous or brought-forward balance.
- Closing balance
The account balance at the end of the statement period, also called ending, new or carried-forward balance.
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