collection Definition

collection

Definition

The conversion of accounts receivable into cash.

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Related Terms

basket - More

cash conversion cycle - More

cash cycle - More

Internal Revenue Code

Internal Revenue Service

IRS

Mentioned in these terms

collection agency

average collection period

collection float

Popular 'Accounting' Terms

current ratio
equity
working capital
asset
EBITDA

revenue
net income
negotiable
net profit
net worth

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collection is ...

... part of the Accounting subject.

Nearby Terms

Collateralized Bond Obligation
collateralized debt obligation
Collateralized Mortgage Obligation
Collaterized Loan Obligation
collectible
collection
collection agency
collection float
collection ratio
collective bargaining
collective investment scheme

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