SERVICING | definition in the Cambridge English Dictionary Firms typically prioritize 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
Servicing - Definition, Meaning, and Examples in English 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
servicing | meaning of servicing in Longman Dictionary of . . . • Regular servicing ensures vehicles operate at their maximum levels of efficiency and safety • Many cleaning machine manufacturers and suppliers often seem unable or unwilling to provide routine servicing for the machines they sell