Meaning of the word: Collection
The collection means debt collection. This expression is usually used to indicate auto-collection, which is useful payment instrument, when the lender deducts from the debtor's account the amount owing. The collection is used, for example, to cover an habitual payments for electricity, gas, water and the like.back to dictionary >
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Participation is a supplement in the treaty, where is listed the information about the contribution to the indemnity by the insured person himself.…go to the dictionary >
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