In plain English
It sets a money limit for what can be put on a telecom account within a set time window. The idea is to place an upper ceiling on charges during that period.
In context
Here, "spend cap" denotes the highest amount that can be charged to the account during the stated period.
- Situation
- Choosing mobile plans, allowances, roaming, fair-use, and add-ons
- What it communicates
- labels an account spending limit in the controls page.
Meaning limits
The term by itself does not say which charges count toward that limit or how long the period is.
Examples
“By Friday, the account had reached its £15 spend cap for the week.”
“They raised the spend cap to £25 for the next month.”