In plain English
This is a pay-once-for-the-year subscription. A single charge covers 12 months of service before the next yearly bill.
In context
Here, “annual plan” identifies the subscription option that charges once for a 12-month service period.
- Situation
- Managing subscriptions, trials, renewals, proration, upgrades, and cancellations
- What it communicates
- labels the yearly-billed plan option
Meaning limits
By itself, the term does not state the price or any conditions beyond yearly billing for 12 months of service.
Examples
“Under the annual plan, her card was charged once in April for service through the following March.”
“At renewal, they switched from monthly billing to the annual plan.”