servicing

/ˈsɜːvɪsɪŋ/ noun [U] FINANCE

Definition

› the activity of making regular payments to pay back a debt or loan, including interest: The Treasury is keen to reduce public borrowing quickly in order to prevent servicing costs climbing further.

→ See also loan servicing

(Definition of servicing noun from the Cambridge Business English Dictionary © Cambridge University Press)

+ Free Dictionary Toolbar for Browsers
+ Add Dictionary Search to iGoogle and your website

+ Become a fan on Facebook
+ Follow us on Twitter!

Browse the Dictionary

service road noun
service sector noun
service verb
service-based adjective
serviced adjective
servicing noun
session high noun
session noun
set about sth
set adjective
set noun

Browse the Thesaurus

Business
Clothes
Education
Finance
Light and colour
Personal care

More Results for “servicing”

loan servicing noun
service verb
debt servicing, at debt service noun

See all results »

Our dictionaries

British English
American English
Business English
Learner's Dictionary
Essential British English
Essential American English
English-Spanish
Español-inglés
English-Turkish

Word of the Day

hold water

If a reason, argument or explanation holds water, it is true

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.