cycle holding balance

A cycle holding balance can be applied to a product offer or bundle that has a purchased-item cycle defined and is used to accumulate funds during recurring processing. If a product offer contains recurring charges or grants that are triggered by a purchased-item cycle, and if a cycle holding balance is defined for the cycle processing of that product offer, then on recurring processing, the Charging Application transfers and holds funds in the cycle holding balance for the sole use of paying recurring charges in that cycle.