Learn all about subscriptions in the subscription dictionary

CLV, LTV, accrual and similar terms can be difficult to understand. Look up the subscription dictionary and find the explanation for the exact term you need information about.




Invoice Draft

Invoice Draft Let's take a shot at transforming an otherwise dry and boring accounting term into something more fun. Invoice Draft, the unsung hero in a world...

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Automatic invoicing

Automatic Invoicing: You know the feeling when you're stuck in traffic, you're late, your favorite song just came on the radio, and then...BAM! You remember...

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Microsoft Dynamics Nav

Microsoft Dynamics Nav, or as we like to call it, 'the business software equivalent of a Swiss army knife'. Imagine having a tool for everything...

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Chart Mogul

Alright, gather 'round folks, we're about to dive into the exciting world of subscription businesses. Buckle up, because today's word on the street is "Chart...

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Hosting agreement

Hosting Agreement: Okay, folks, buckle up! We're about to dive headfirst into the thrilling, adrenaline-pumping world of... hosting agreements. Yes, you heard right. Now, don't...

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Service subscription

Service Subscription: A Magical, Wallet-Draining, Life-Simplifying Phenomenon So you've heard the term 'service subscription' thrown around, and it's got you scratching your head? Well, sit...

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Service agreements

Service Agreements - Now here's a phrase that might make you want to take a long nap, but stick with me, because it's actually pretty...

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GDPR

GDPR - A Hilarious Guide to Data Protection GDPR. It sounds like a fancy sandwich or a new dance move, right? Wrong! It stands for...

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Zapier

Zapier (noun): A magical, digital wizard that makes your work life a breeze and is a secret weapon in the world of subscription businesses. With...

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API

API: All-Powerful Internet-thingy (or Application Programming Interface, but that's not nearly as fun) So, you're probably wondering, "What's an API?" Well, my friend, buckle up...

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Privacy Policy

Privacy Policy - or as we like to call it, "The Big Book of No Peeking" So, you're minding your own business, signing up for...

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Dunning

"Dunning" - Ding, ding, ding! No, it's not the sound of a game show buzzer, but rather a term you'll often hear bouncing around in...

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Auto renewal

"Auto Renewal" - Buckle up, folks! We're taking a wild ride into the realm of subscription businesses. What's that? You thought it was all just...

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Self-service

Title: Self-service Self-service, folks, isn't just about helping yourself to the last slice of pizza when no one's looking, though that's certainly one tempting example....

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Referral Program

Referral Program: This is one of those fancy terms that businesses use to make it sound like they’re giving you a top-secret mission. In reality,...

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Burn Rate

"Burn Rate" Ahoy there, business buccaneers! Ready to dive into the thrilling seas of subscription-based businesses? Well, fasten your seatbelts because we're about to explore...

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Cash Flow

Cash Flow (n): The lifeblood of any subscription-based business and a term that gets accountants more excited than a 50% off sale at the calculator...

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Customer Lifetime Value (CLV)

Alright, let's dive into the world of subscription businesses, where the term "Customer Lifetime Value" (CLV) is as cool as a cucumber in a bowl...

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Churn Rate

"Churn Rate" - Now, don't let the term scare you. It's not about your grandma's butter-making contraption or a violent swishing of liquid. It's a...

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Monthly Recurring Revenue (MRR)

Monthly Recurring Revenue (MRR) Alright, let's get this party started. What's the Monthly Recurring Revenue, you ask? Or as those business-types like to call it,...

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LTV/CAC Ratio

Alright folks, buckle up! We're about to dive headfirst into the wild and wacky world of "LTV/CAC Ratio". Now, I know what you're thinking: "Sounds...

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Net Promotor Score (NPS)

Net Promoter Score (NPS): Welcome to the wild, wild world of NPS! No, it's not a cool new sports channel or a secret club where...

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Growth Rate

"Growth Rate" Growth Rate, baby! It's the hot topic that all subscription businesses can't get enough of. Picture it as the heartbeat of your business....

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Profit

Profit (noun): A term dearer to entrepreneurs than their morning cup of joe. If businesses were a game, profit would be the high score. It's...

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Profit Margin

Ahoy mateys! Let's set sail on the high seas of business lingo and dive into the treasure chest of terminology. Today's piece of eight? The...

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Active users

Active Users: So, imagine you're throwing a party. You've got a hundred invitations out there, but only a handful of people are on the dance...

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Capital Expenditure (CAPEX)

Alright, buckle up folks! It's time to dive into the hilarious world of... drumroll please... Capital Expenditure! Or CAPEX, if you're one of the cool...

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Trial to paid ratio

"Trial to Paid Ratio"—Sounds a bit like a courtroom term, doesn't it? Like, how many times did the lawyer get paid versus how many trials...

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Net Revenue retention (NRR)

"Net Revenue Retention (NRR)" Alright folks, buckle up because we're diving into the exhilarating world of 'Net Revenue Retention' or 'NRR'. Now, don't let those...

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Software as a Service

SaaS - Software as a Service You know how you subscribe to Netflix and chill on your weekends? Or how you Spotify your way through...

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Demo

"Demo" – The term that has tech-nerds and subscription businesses jumping for joy. Let's dive into this three-letter wonder, shall we? If you're thinking of...

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Partner

Alright, sit back, grab your popcorn, and get ready for an exhilarating journey into the world of 'Partner'. No, we're not talking about Batman and...

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Bookkeeping

Bookkeeping, darling, is the unsung hero of the business world. The Cinderella who never gets to go to the ball, but stays behind, diligently sorting...

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Automated bookkeeping

Automated Bookkeeping, aka ‘The Accountant’s Wingman’ Let's chat about automated bookkeeping, shall we? It's like the Robin to your Batman, the Watson to your Sherlock,...

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B2B

"B2B" - Ah, the mysterious business acronym that sounds more like something you'd use to order a particularly fancy burger at a hipster joint. But...

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B2C

B2C - Hold onto your hats, folks, because we're about to dive into the wild world of "Business to Consumer" or as the cool kids...

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B2G

"B2G" - sounds like a 90s boyband, right? But don't get it twisted, it's not about synchronized dance moves or matching outfits. Nope, B2G is...

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Update agreements

Ladies and Gentlemen, Boys and Girls, put on your reading glasses, grab your popcorn and prepare to dive into the oh-so-exciting world of 'Update Agreements'....

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Annual Recurring Revenue (ARR)

Alright mate, strap in because we're about to dive deep into the world of business jargon. But don't worry, we'll keep it light and fun....

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Freemium

Freemium - Now, this is a word that's definitely not as delicious as it sounds. I mean, "Free" and "Premium" mashed together like some sort...

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Retention Rate

Retention Rate: Alright folks, buckle up, because we're about to dive headfirst into the thrilling world of...subscription metrics! Yeah, you heard me right. We're talking...

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Due date

Due Date, n. (pronounced like "do date" but with way less fun involved) Alright, gather 'round folks, we're about to dive into the exhilarating world...

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Onboarding

"Onboarding", or as I like to call it, "getting cozy with a new subscription", is a term that's as buoyant as a life raft and...

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Automatic renewal

Automatic Renewal: Now, here's a term that might give you the jitters if you’ve ever been caught off guard by an unexpected bill. But don't...

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User activation

User Activation: Alright, so you've got this phrase 'User Activation' popping up in your head, and you're wondering what the heck it all means. Let's...

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Cancellation policy

Title: Cancellation Policy A cancellation policy, my friends, is not a big, scary monster prowling in the dark. Nope, it’s pretty much just like the...

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SaaS business

SaaS Business: Well, well, well, strap in folks because we're about to dive right into the world of 'Software as a Service' or as the...

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Ongoing maintenance agreements

"Ongoing Maintenance Agreements", sounds like a snoozefest, right? But hold onto your hats, folks, because like a hidden trapdoor in a haunted house, there's a...

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Accounting system

"Accounting System" - Now this is a term that makes most folks think of dusty old ledgers, endless spreadsheets, and boring number crunching, right? Well,...

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Automatic invoicing

"Automatic Invoicing" - Hold onto your seats, folks, because we're heading into the thrilling world of....invoicing? Yes, you heard right! Now before your eyes glaze...

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Stripe

Ah, Stripe. No, we're not talking about those cool lines on racing cars or the pattern on a zebra. We're diving deep into the world...

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Accrual accounting

Accrual Accounting: Don't be scared off by the fancy terminology; this isn't some mysterious ritual performed by cloaked accountants under a full moon. Let's break...

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ARPU (Average Revenue Per User)

ARPU (Average Revenue Per User) Alright, let’s dive into the world of business lingo that sounds like a new species of bird but is actually...

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Paywall

Paywall: Now here's a word that sends a shiver down the spine of every freebie-loving internet user. Picture this, you're deep into an engrossing article,...

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e-conomic integration

"Economic Integration" - sounds fancy, right? Well, let's break it down and make it fun. Picture this, you and your friends decide to pool your...

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Dinero integration

"Dinero Integration" - Buckle up, folks, because this ain't your grandma's dictionary entry. We're not talking about some Spanish money exchange or the latest salsa...

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Billy integration

Billy Integration, n. Welcome, dear reader, to the wild and wonderful world of subscription businesses! We're going to dive into the deep end with something...

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Automatic bank reconciliation

"Automatic Bank Reconciliation" – Now there's a mouthful that sounds like it could put you to sleep faster than counting sheep! But trust us, it's...

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Re-invoicing

"Re-invoicing", now that's a term that sounds like it could use a cup of coffee and a good laugh, right? But don’t worry, we’re here...

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Revenue

Title: Revenue – The Lifeblood of Subscription Businesses Buckle up, folks! We're about to dive into the fascinating world of "revenue". Now, don't yawn just...

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Credit advice

"Credit Advice" - come on in folks, we're about to go on a wild ride through the world of subscription business. Now, you might be...

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Payment gateway

Payment Gateway (noun) Let's make a toast to the unsung hero of the online shopping world - the payment gateway! This mighty warrior stands between...

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Payment service

Payment Service, n. Alright, folks, buckle up! We're about to dive into the thrilling world of payment services. We promise it's not as snooze-worthy as...

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BIC code

"BIC Code": A term that sounds like a super-secret code used by spies in a James Bond movie, but - spoiler alert - it’s not....

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Benchmarking

"Benchmarking" Buckle up, folks, because we're about to delve into the thrilling world of...benchmarking. Yes, you read that right. But don't let the seemingly boring...

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Demand of payment

"Demand of Payment" Well, well, well, aren't we all familiar with this term? 'Demand of Payment' is like that annoying party guest who shows up...

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Supporting document

Supporting Document: (noun) Now, don't let the term fool you into thinking it’s some sort of cape-wearing, superhero paper rushing to your rescue when you’re...

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Breakeven

Breakeven, or Break-Even, Break Even, or however you want to slice and dice it, is a term that gets thrown around a lot in the...

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Budget

Budget: A term that causes panic, dread, and often a sudden urge to run and hide. Fear not, dear reader, this entry is here to...

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Cohort

Cohort - noun /koʊˈhɔrt/ Picture this: a merry group of people who share something in common. They might all love the same band, be born...

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Cookies

"Cookies" – No, not those scrumptious chocolate chip delights that grandma used to bake, but the invisible, digital kind that lurk behind your screens and...

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Copyright

"Copyright" - Now, here's a word that might sound like a bunch of legal mumbo-jumbo, but it's actually pretty simple! Let's break it down, but...

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Cost-benefit analysis

Alright, folks, let's get down to the nitty-gritty. We're talking "Cost-Benefit Analysis" here, and no, it's not about figuring out whether the cost of pizza...

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CSV-file

CSV-File: (noun) ˈsē-ˈes-ˈvī-ˈfīl A CSV-file, or as some like to call it, "Comma-Separated Values" file, is like a party where all the data gets together,...

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CRM

CRM, or Customer Relationship Management, is basically the business version of making friendship bracelets. It’s all about building, maintaining, and improving relationships with your customers....

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Data processing agreement

"Data Processing Agreement" - You know, that long, boring document that you're supposed to read before you click "Agree" on a new app or software....

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Debit

"Debit" - Now, don't let your eyes glaze over! This isn't a word that only belongs to the bespectacled accountants of the world. Let's pull...

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Debtor

Debtor, n. (dee-bi-tor): You know that friend who borrows money for lunch and "forgets" to pay you back? Yeah, in the world of subscription businesses,...

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Debtor overview

"Debtor Overview" Alright, folks, buckle up. We're about to dive headfirst into the world of subscription businesses and tackle the term "debtor overview." Now, don't...

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Debtor register

Title: Debtor Register Well, well, well, here’s a term that might make you cringe if you're a business owner: Debtor Register. Just like spinach stuck...

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Partial invoice

"Partial Invoice" - Now, doesn't that sound like a party? Let's dive right into this riveting term that's got us all on the edge of...

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Direct costs

"Direct Costs" - Ah, the term that makes every bean counter's heart beat a little faster. Let's get down to the nitty-gritty, shall we? Direct...

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Executive management

"Executive Management: Now, don't go picturing a bunch of stuffy suits sitting around a giant mahogany table - though that sometimes might be the case!...

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Double-entry bookkeeping

Double-entry bookkeeping, huh? Sounds like a complicated dance move, doesn't it? Well, it's not. It's just a fancy term accountants use to confuse us mere...

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Double posting

Double Posting: Alright, folks, let's talk about something that's about as welcome in the world of subscription businesses as a skunk at a garden party....

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Operating budget

Operating Budget: The Buck Stops Here! Buckle up, folks! We're about to take a wild ride into the world of operating budgets! Hold on to...

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Operating account

Operating Account: Alright, folks! Grab your popcorn and strap yourselves in for a wild ride through the exciting world of... accounting? Yes, you heard right!...

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Operating result

"Operating Result" - Now, don't let this term intimidate you with its fancy schmancy financial jargon. Think of it as your report card in school,...

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Operating profitability

"Operating Profitability" - You might hear this term thrown around in boardroom meetings or casual coffee breaks at work, usually by someone wearing a suit...

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Contribution margin

"Contribution Margin" - Don't let this term send you into a tizzy, it's not as complex as it sounds. You know those subscription businesses that...

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EAN Invoice

EAN Invoice, or "Extremely Annoying Number" Invoice as some may jokingly call it, though we don't officially endorse this interpretation (wink, wink), is a type...

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EAN number

EAN Number: Grab your popcorn, folks, because we're diving into the thrilling world of abonnement businesses! I know you're thinking, "Oh, dear reader, how can...

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EBITDA

EBITDA, or as some like to call it, "Earnings Before I Tricked the Darn Accountant", is a pretty big deal in the business world. Now,...

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After-posting

"After-posting" - A term that might sound like something you do on social media after a wild night out, but actually it's a business term....

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Self-declaration

"Self-declaration" – A term that sounds like you're making a bold proclamation about your identity, like "I am Batman!" or "I am the Queen of...

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