servicing - definition in the Business English Dictionary - Cambridge Dictionaries Online

Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “servicing”

servicing

noun [U]
 
 
/ˈsɜːvɪsɪŋ/ FINANCE
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 from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of servicing?
Add Cambridge dictionaries to your browser to your website

Word of the Day

intellectualize

to think about or discuss a subject in a detailed and intellectual way, without involving your emotions or feelings

Word of the Day

What’s All The Commotion About? (Words to describe sounds)

by Kate Woodford,
May 20, 2015
​​​ In this post we look at a range of words and phrases that we use to describe noise and the absence of noise. Starting with complete quiet, we sometimes use the noun hush to describe silence: A hush fell over the room as the bride walked in./There was a deathly hush (=complete

Read More 

plyscraper noun

May 18, 2015
a skyscraper made mainly from wood The development of engineered timber could herald a new era of eco-friendly ‘plyscrapers’. Christchurch welcomed its first multistorey timber structure this year, there are plans for Vancouver, and the talk is China could follow

Read More