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TeachMeFinance.com - explain service plan service plan The term 'service plan' as it applies to the area of telecommunications can be defined as 'The rate plan you select when choosing a wireless phone service. A service plan typically consists of a monthly base rate for access to the system and a fixed amount of minutes per month'. Previous 5 Terms: Service Area Service Area (Private Fee-For-Service) Service Category Definition service forester Service Hydrologist Next 5 Terms: service provider Service spillway (primary spillway) Service well Servo Loop Set About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.