collection — Obtaining payment. American Banker Glossary The presentation of a negotiable instrument for payment, or the conversion of any accounts receivable into cash. Bloomberg Financial Dictionary * * * collection col‧lec‧tion [kəˈlekʆn] noun 1.… … Financial and business terms
Collection agency — A collection agency is a business that pursues payments of debts owed by individuals or businesses.[1] Most collection agencies operate as agents of creditors and collect debts for a fee or percentage of the total amount owed.[2] There are many… … Wikipedia
Collection — For works entitled The Collection, see The Collection (disambiguation). Collection or Collections may refer to: Collection (computing), the abstract concept of collections in computer science Collection (payment), the actions of a creditor… … Wikipedia
collection agency — intelligence division continuously and systematically collecting information; agency that collects payments on unpaid bills, firm that collects payments on delinquent loans, business that collects unpaid bills for other companies … English contemporary dictionary
Payments pattern — Describes the lagged collection pattern of receivables, for instance the probability that a 72 day old account will still be unpaid when it is 73 days old. The New York Times Financial Glossary … Financial and business terms
payments pattern — Describes the collection pattern of receivables. The pattern might describe the probability that a 72 day old account will still be unpaid when it is 73 days old. Bloomberg Financial Dictionary … Financial and business terms
collection cycle — time transpiring between payments on a debt … English contemporary dictionary
bills for collection — payments to be received or collected … English contemporary dictionary
Average Collection Period — The approximate amount of time that it takes for a business to receive payments owed, in terms of receivables, from its customers and clients. Calculated as: Where: Days = Total amount of days in period AR = Average amount of accounts receivables … Investment dictionary
Electronic toll collection — (ETC), an adaptation of military identification friend or foe technology, aims to eliminate the delay on toll roads by collecting tolls electronically. It is thus a technological implementation of a road pricing concept. It determines whether the … Wikipedia
