Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

English definition of “debt collection”

debt collection

noun [U]    
COMMERCE the job of collecting payments from people who have failed to pay the money they owe for goods , services , etc. that they have already received : We specialize in debt collection and related credit management services . a debt collection agency / service
(Definition of debt collection noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of debt collection

Word of the Day

prenuptial agreement

an official document signed by two people before they get married that says what will happen to their possessions and/or children if they divorce (= officially stop being married)

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More