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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