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CollectionThe presentation of a negotiable instrument for payment, or the conversion of any accounts receivable into cash.CollectionThe series of steps a lender takes to bring a delinquent mortgage up to date.Collection Similar MatchesCollection periodCollection periodSee: Collection ratio Uniform Rules for CollectionsUniform Rules for CollectionsInternational Chamber of Commerce rules on the handling of documentary and clean collections. Documentary collectionsDocumentary collectionsTrade transactions handled on a draft basis. Average collection period, or days receivablesAverage collection period, or days receivablesThe ratio of accounts receivables to sales, or the total amount of credit extended per dollar of daily sales (average AR/sales 365). Collection policyCollection policyProcedures a firm follows in attempting to collect accounts receivables. Further SuggestionsCollection floatData Collection |
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