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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 MatchesData CollectionData CollectionGathering 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. Collection floatCollection floatThe period between the time is deposited a check in an account and the time funds are made available. Uniform Rules for CollectionsUniform Rules for CollectionsInternational Chamber of Commerce rules on the handling of documentary and clean collections. Collection periodCollection periodSee: Collection ratio Documentary collectionsDocumentary collectionsTrade transactions handled on a draft basis. Further SuggestionsAverage collection period, or days receivablesCollection policy |
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