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servicer. In DICTIOUS you will not only get to know all the dictionary meanings for the word
servicer, but we will also tell you about its etymology, its characteristics and you will know how to say
servicer in singular and plural. Everything you need to know about the word
servicer you have here. The definition of the word
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English
Etymology
From service + -er.
Noun
servicer (plural servicers)
- (law, finance) One who services a loan or other obligation, by collecting receivables and carrying out related actions such as enforcement
2002, Frank J. Fabozzi, The Handbook of Financial Instruments, page 373:The servicer is responsible for the collection of interest and principal, which is passed along to the trustee.