Collection policy


 

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Collection policy

Procedures a firm follows in attempting to collect accounts receivables.



Collection policy

Similar Matches

Collection float

Collection float

The period between the time is deposited a check in an account and the time funds are made available.


Documentary collections

Documentary collections

Trade transactions handled on a draft basis.


Data Collection

Data Collection

Gathering facts on how a process works and/or how a process is working from the customer's point of view. All data collection is driven by knowledge of the process and guided by statistical principles.


Uniform Rules for Collections

Uniform Rules for Collections

International Chamber of Commerce rules on the handling of documentary and clean collections.


Collection

Collection

The series of steps a lender takes to bring a delinquent mortgage up to date.


Further Suggestions

Average collection period, or days receivables
Collection period
Collection


 
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