Glossary

This glossary defines the terms that the Contracts documentation uses. Each entry lists the UI labels that the term covers and links to the section of Concepts that explains it.

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A

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Active contract

A contract that you have published. An active contract produces invoices. See Draft and active contracts.

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Anchor date

The date from which Zenskar counts the billing periods of a line item, within a range of dates. See Anchor dates: where billing periods start.

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B

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Billing cadence

How often Zenskar invoices a line item, such as monthly. See Billing: when Zenskar invoices.

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Billing period

One period of the billing cadence, such as one month. See Billing: when Zenskar invoices.

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Billing version

The version of the billing of a line item. See Billing: when Zenskar invoices.

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C

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Carrier product

A product on the contract that shows the shortfall of a contract-level minimum commitment as its own invoice line. The shortfall replaces the charges of the carrier product. See Shortfall on the invoice.

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Commitment period

The period over which Zenskar compares the actual usage or spend with the minimum. See Minimum commitments.

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Contract

An agreement that records what a customer buys from you, at what price, and for how long. See Contracts: what you agree with a customer.

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Contract duration

The period from the start date to the end date of a contract. See Contracts: what you agree with a customer.

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Contract-level minimum commitment

A minimum commitment on the total spend of several products of a contract. See Contract-level minimum commitments.

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Contract status

The stage of a contract: draft or active. See Contracts: what you agree with a customer.

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Covered product

A product whose charges count toward a contract-level minimum commitment. See Contract-level minimum commitments.

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D

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Discount

A reduction to the charge of a line item for a range of dates. See Discounts: what reduces a charge.

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Discount cadence

How often the amount of a fixed-amount discount, or the free units of a quantity discount, become available again, such as every month. See Fixed-amount discounts.

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Discount order

The position of a discount in the sequence in which Zenskar applies the discounts of a line item. See Discount order: which discount applies first.

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Discount type

The kind of reduction that a discount makes: a percentage of the charge, a fixed amount, or a number of free units. See Discount types: how a discount reduces the charge.

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Draft contract

A contract that you are still preparing. A draft contract does not produce invoices. See Draft and active contracts.

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E

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Evaluation mode

The rule that decides when Zenskar checks the minimum and bills the shortfall within a commitment period. See Evaluation modes.

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F

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Fixed-amount discount

A discount that reduces the charge of a line item by an amount of money in each discount cadence. See Fixed-amount discounts.

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Fixed quantity

A quantity that you enter as a number, instead of measuring it with a billable metric. See Fixed quantities and quantity entries.

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I

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Invoice preview

A calculation of the invoices that a contract would produce with its current settings, shown before you save or publish. See Invoices: what a contract produces.

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Invoice regeneration

The recalculation of the draft and upcoming invoices of an active contract after its settings change. See Invoices: what a contract produces.

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Invoicing config

The setting that decides how Zenskar invoices an increase to a period whose invoice is already approved. See Invoicing configs: increases after approval.

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L

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Last-day-of-month alignment

An option of an anchor date that starts every billing period on the last day of its month. See Last-day-of-month alignment.

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Line item

The part of a contract that charges for one product. See Line items: what the customer buys.

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Line-item duration

The period during which a line item charges for its product. See Line items: what the customer buys.

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Line-item minimum commitment

A minimum commitment on one line item. See Line-item minimum commitments: a floor on one line item.

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M

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Minimum commitment

The least amount or quantity that a customer pays for in a commitment period, whatever the actual usage. See Minimum commitments.

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Minimum-quantity commitment

A line-item minimum commitment on the number of units of the line item. See Line-item minimum commitments: a floor on one line item.

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Minimum-spend commitment

A line-item minimum commitment on the amount that the line item charges. See Line-item minimum commitments: a floor on one line item.

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P

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Payment term

The rule that sets when the invoices of a contract are due. See Payment terms: when invoices are due.

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Payment-term version

A payment term that applies to one range of dates within the contract duration. See Payment-term versions.

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Payment timing

Whether Zenskar invoices a line item at the start of each billing period or at the end. See Billing: when Zenskar invoices.

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Percentage discount

A discount that reduces the charge of a line item by a percentage. See Percentage discounts.

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Price override

A change that a line item makes to the amounts or the pricing period of its pricing preset. The pricing preset itself does not change. See Price overrides.

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Pricing version

The version of the pricing of a line item. See Pricing versions: changes to the pricing.

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Q

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Quantity cadence

How often a recurring quantity applies again, such as monthly. See Recurring quantities.

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Quantity discount

A discount that gives a number of free units of a line item in each discount cadence. See Quantity discounts.

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Quantity entry

A dated value within a version of a fixed quantity, such as a new seat count from a date. See Fixed quantities and quantity entries.

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Quantity version

The version of the quantity of a line item. See Quantity versions: how many units.

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S

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Shortfall

The difference between the minimum and the actual usage or spend in a commitment period. Zenskar bills the shortfall. See Minimum commitments.

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V

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Version

A setting of a line item that applies to one range of dates within the line-item duration. See Line-item timelines.

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Related topics

• Concepts
• Products
• Line item: minimum commitments
• Line item: discounts
• Line item: anchor dates