Firms typically prioritise the servicing or repayment of debt before paying dividends to shareholders. The company said it expects to spend $200 million more on loan servicing this year.
Definition of servicing noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
There are four meanings listed in OED's entry for the noun servicing, one of which is labelled obsolete. See ‘Meaning & use’ for definitions, usage, and quotation evidence.
Servicing refers to the process of maintaining or repairing equipment or machinery to ensure it operates efficiently and safely. This can include routine checks, replacements of parts, and troubleshooting. It is essential in various industries, including automotive, technology, and manufacturing.
Discover everything about the word "SERVICING" in English: meanings, translations, synonyms, pronunciations, examples, and grammar insights - all in one comprehensive guide.
Welcome Select Portfolio Servicing Inc. Customers Welcome to PHH Mortgage - we’re excited you’re a customer! A home is one of the biggest investments you can make, and we know how important it is. This page provides your servicing transfer timeline and tells you what to expect during the process.