Grace Period?

Zion·2023년 8월 23일
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Grace Period

  • def) extra time you are given to pay money you owe without losing something or paying an additional amount.

  • 구독 갱신 시 카드에 잔액이 없을 경우 구독 해지가 바로 되게 되면, 고객이 의도하지 않은 구독 해지가 발생할 수 있다. 이를 통한 구독해지율(또는 이탈률)을 줄이기 위한 방안이다.

[ Etc. Terminology ]

Sandbox

  • def) A sandbox is a testing environment that isolates untested code changes and outright experimentation from the production environment or repository.

outright

  • def)
    • altogether; completely.
    • without reservation; openly.
    • immediately
    • not by degrees or installments.
      e.g) "they decided to buy yhe company outright"

attrition

  • def) the action or process of gradually reducing the strength or effectiveness of someone or something through sustained attack or pressure.

  • In a business context, can relate to both employees and customers, Employee attrtion occurs when omployees leave a company, either coluntarly (resignation) or in voluntarily (layoffs or terminations).

  • 이탈률

churn

  • def)
    1. agitate or turn (milk or cream) in a machine in order to produce butter.
    "the cream is ripened before it is churned"
    Similar: stir agitate etc..
    "the women were churning butter and making cheese"
    2. (with reference to liquid) move or cause to move about vigorously.
    "the seas churned"
    Similar: be turbulent heave boil swirl agitate etc...
    break up the surface of (an area of ground).
    "vast crowds had churned the area into a sea of mud"
    3. have an unpleasant disturbed feeling.
    "her stomach was churning at the thought of the ordeal"

    4. (of a broker) encourage frequent turnover of (investments) in order to generate commission.
    "these brokers churn the client's portfolio to generate an income for themselves"

  • "Churn" is a term commonly used in business and economics to describe the rate at which customers or subscribers stop using a product or service and move to another provider or simply cease using the service altogether. It's often used to refer to customer attrition or turnover. In the context of subscription-based service, "churn" specifically refers to the rate at which subscribers cancel their subscriptions.

  • 구독 해지

cf)

Docs)Billing Grace Period for auto-renewable subscription

한국어) 자동 갱신 구독의 청구 유예 기간

Moratorium

  • def) a temporary prohibition of an activity.
  • 지불 정지. 지불 연기
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어제보다만 나아지는

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