Fodder. Fodder or animal feed is any agricultural foodstuff used specifically to feed domesticated livestock, such as cattle, goats, sheep, horses, chickens and pigs. Most animal feed is from plants, but some is of animal origin.
Credit Period. The period of time during which a firm grants credit to a customer. At the end of the credit period, the customer is expected to have paid for all goods or services he/she has purchased.
Credit card companies define billing periods or cycles to figure out how to issue bills and charge interest. The billing cycle has a specific number of days with a closing date that ends the billing cycle. After the closing date of one billing cycle, the next one begins. Credit card companies use the beginning and closing dates of a billing cycle to calculate interest on a balance.