debt recovery Meaning in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “debt recovery” in the English Dictionary

"debt recovery" in Business English

See all translations

debt recoverynoun [U]

uk   us  
FINANCE the ​process of making ​people or ​companiespay the ​money that they ​owe to other ​people or ​companies, when they have not ​paid back the ​debt at the ​time that was ​arranged: When problems arise, ​professionaldebtrecovery has proved to be an ​effective way of ​regaininglostmoney.
(Definition of debt recovery from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of debt recovery?
Add Cambridge dictionaries to your browser to your website

More meanings of “debt recovery”

Word of the Day

chestnut

a large tree with leaves divided into five parts and large round nuts that can be eaten

Word of the Day

In London but at the station: prepositions for talking about travel
In London but at the station: prepositions for talking about travel
by Liz Walter,
September 02, 2015
Several readers have asked for information on prepositions, so I will start with a blog post that looks at an area where they are really important: travel. The first thing to remember is that we use to (and not ‘in’) after the verb go: We are going to London. I went to

Read More 

parklet noun
parklet noun
August 31, 2015
a public outdoor space that may be associated with a local business but where anyone can sit Pop-up cafes in NY are what’s actually called parklets in many other places around the country.

Read More