collection

Definition

Use collection in a sentence

The collection process was fruitful as many debtors had the wherewithal to pay but did not feel any reason to do so this week.

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The accounts receivable department main job is to work in collection; they receive payments for services rendered, typically this is a product that has been ordered.

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After three years, the home owners association loss of operational fees that resulted from non payment from some residents for cable bill, neighborhood security, trash disposal, lawn maintenance and treatment , maintenance of 2 swimming pools and building maintenance , decided to sue for collection of past due funds.

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