Meaning of Servicer | Babel Free
Definitions
One who services a loan or other obligation, by collecting receivables and carrying out related actions such as enforcement
Equivalents
Examples
“The servicer is responsible for the collection of interest⟳ and principal, which is passed along to the trustee.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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