debt collection Meaning in the Cambridge English Dictionary
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Meaning of “debt collection” in the English Dictionary

"debt collection" in Business English

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debt collectionnoun [U]

uk   us  
COMMERCE the ​job of ​collectingpayments from ​people who have ​failed to ​pay the ​money they ​owe for ​goods, ​services, etc. that they have already received: We ​specialize in ​debtcollection and ​relatedcreditmanagementservices. adebtcollectionagency/​service
(Definition of debt collection from the Cambridge Business English Dictionary © Cambridge University Press)
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