Topic Areas

Subject to collection

Definition:

Dependent upon the ability to collect the amount owed.

Example Sentences

The balance of the account will be subject to collection within 15 days if payment is not received.

The raffle will be subject to collection.

Key Phrases
Interest rate
Account activity
take-over bid
Affiliated company
Accrued liability
On receipt of the order
Owner’s equity
Liquid assets
Subject to collection
Withholding tax
Long-term financing
Official discount rate
limited liability company
Base rate
Voting share
Capital assets
Protest a bill
Adjustable rate preferred stock
Administrative expenses
Amortization

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