Billing Industry Dictionary is a free tool to get technical definitions and lookup industry terms from more than 11,000 terms, acronyms, and definitions.
A clearinghouse is a company or association that transfers billing records and/or performs financial clearing functions between carriers that allow their customers to use each other's networks. The clearinghouse receives, validates and accounts for telephone bills for several telephone service providers. Clearinghouses are particularly important for international billing because they convert different data record formats that may be used by some service providers and convert for the currency exchange rate.
Clearinghouses provide a variety of services, including processing proprietary records (e.g. switch records) into formats understandable by the member carriers' billing systems, validating charges from carriers with intersystem agreements, and extracting unauthorized or un-billable billing records. Clearinghouses transfer messages in a standard format such as exchange message record (EMR), cellular inter-carrier billing exchange roamer (CIBER), or transferred account process (TAP) format. The EMR format is often used for billing records in traditional wired telecom networks and the CIBER and TAP formats are used for wireless networks. The records may be exchanged by magnetic tape or by other mediums, such as electronic transfer or CD-ROM.
Telecom Billing DefinitionsReal Time Billing
Call Detail Records - CDR
Customer Relationship Management - CRM
Billing Cycles (Batching)
Exchange Message Record - EMR
Automatic Message Accounting - AMA
Local Number Portability - LNP
Telecom Billing Books
Add this Billing Dictionary tool to your web site
In order to add this Billing dictionary tool to your web site and give your visitors the way to lookup industry terms from more than 11,000 terms, acronyms, and definitions, just copy the HTML code below and put it into your web page where you want to provide access to your dictionary.
Copyright © 2009 All rights reserved
Disclaimer: Billing Dictionary Tool is the trademarks of Althos. Althos is not affiliated with any other website, but only provides publicly available information about term and acronym definitions. Althos provides our services on "as is" and "as available" basis and we do not provide any guarantees regarding this service's accuracy and/or availability.