Business law dictionary. 2015.
collection agency — ➔ agency * * * collection agency UK US noun [C] (also commercial collection agency) ► FINANCE a business that collects money that is owed to other companies for them: send sth to/turn sth over to a collection agency »Don t wait until your bill… … Financial and business terms
collection agency — A company hired by a creditor to collect a debt. Creditors typically hire a collection agency only after having tried and failed to collect the debt on their own. Category: Bankruptcy, Foreclosure & Debt → Debt & Collection Agencies Nolo’s Plain… … Law dictionary
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 Agency — A company hired by lenders to recover funds that are past due or accounts that are in default. The lending company itself may also have a division or subsidiary that acts as its collection agency. A collection agency is often hired after a… … Investment dictionary
collection agency — a firm that collects unpaid bills for other firms and is usually compensated by receiving a percentage of the amount collected. * * * collection agency, a bill collecting agency: »A big Los Angeles store turns unpaid accounts over to collection… … Useful english dictionary
collection agency — agentūra statusas T sritis Gynyba apibrėžtis Žvalgybos terminas – žvalgybos grupė (ar asmuo), renkanti ir (ar) apdorojanti informaciją. atitikmenys: angl. agency; collection agency pranc. organisme de renseignement ryšiai: dar žiūrėk – agentas… … NATO terminų aiškinamasis žodynas
collection agency — Any individual, organization, or unit that has access to sources of information and the capability of collecting information from them. See also agency … Military dictionary
collection agency — col lection ,agency noun count AMERICAN a company that makes people pay what they owe others … Usage of the words and phrases in modern English
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
collection agency — A person or firm engaged in the business of collecting or receiving for payment claims of all kinds on behalf of others. 15 Am J2d Collect § 1. See collection service … Ballentine's law dictionary
