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.

The meaning of SERVICE is the occupation or function of serving. How to use service in a sentence.

Definition of servicing noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

servicing (ˈsɜːvɪsɪŋ) n the act or process of overhauling or repairing (a car, machine, etc)

Definition of 'servicing' servicing in British English (ˈsɜːvɪsɪŋ ) noun the act or process of overhauling or repairing (a car, machine, etc)

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 …

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.

Noun [edit] servicing (countable and uncountable, plural servicings) The act of performing maintenance on something.

SERVICING meaning: work done to repair a machine or vehicle or to keep it in good condition

Apr 8, 2024 · Servicing involves maintenance or repair activities, while serving focuses on providing services or assistance to others.