collection agency Meaning in Cambridge Business English Dictionary
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Meaning of "collection agency" - Business English Dictionary

collection agency

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 has been turned over to a collection agency.
(Definition of collection agency from the Cambridge Business English Dictionary © Cambridge University Press)
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