Let's say my due date is on 15 of every month and the bank summarize my spending I made on 1 of everyone. For example, I have to pay all expense I made from January 2, 2012 to February 1 2012 on February 15, 2012.
I have two questions here:
- What to call the day that the back summarize a monthly payment, February 1 in this example?
- Is there another word to call due date, February 15 in this case?