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

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English definition of “collection”

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collection

noun
 
 
/kəˈlekʃən/
[C or U] the act or job of taking something away from a place: We will inform you when your goods are ready for collection.refuse/waste collection Which public authority is responsible for waste collection?
[C or U] FINANCE the activity of collecting money that is owed, or the money collected: debt/rent/tax collection Last week, the state reported that tax collections are up 11.5% for this fiscal year. I get involved with finance and rent collection.
[C or U] BANKING the act of arranging for the amount written on a cheque to be paid out of a bank account: The Federal Reserve Banks provide check collection services to depository institutions.
[U] the process of bringing information together from different places: We make software and bar-code products for data collection.
[C] a group of objects that someone has collected as a hobby or investment: an antiques/book/coin, etc. collection
→  See also documentary collection
(Definition of collection from the Cambridge Business English Dictionary © Cambridge University Press)
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