b : to gather payments and preserve a payment agenda for (a loan) In particular just after sale in the personal loan into a secondary mortgage market (as the Federal Nationwide House loan Affiliation)
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The PIKs accrue at about 12 for every cent at this time; a rough estimate depending on These charges along with the August 2033 repayment date presents a total cost of servicing the personal loan of over £850m (if no repayments are made between now after which) — a lot more than double the bank loan by itself. —
B2 [ U ] an sum of money charged for serving a client in a cafe, usually paid on to the waiter:
Underneath Germany's Structure, the unions and companies' federations possess the distinctive suitable to negotiate wages and circumstances of service.
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Passenger site visitors registered a pointy rise because of the opening of a completely new ferry service from Liverpool to Dublin.
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