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Quantitative Finance · Begrippenlijst

Wat is Back-billing?

Definition 22.3 The Desk and the Firm · Hoofdstuk 22 — Data Strategy and Costs

Back-billing is the charge a data provider raises after an audit for usage that was not reported or paid for in past periods, usually with interest and sometimes with a penalty, under the audit clause of its licence.

Back-billing after an audit of three years of per-user fees ($774 000 a year reported), by the share of true users that went unreported. Data: fm_data.audit.
Figure 22.3. Back-billing after an audit of three years of per-user fees ($774 000 a year reported), by the share of true users that went unreported. Data: fm_data.audit.
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