servicer

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noun

One who services a loan or other obligation, by collecting receivables and carrying out related actions such as enforcement

Less commonScrabble 13
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Meanings

nounservicer (plural servicers)

plural servicers

  1. businessOne who services a loan or other obligation, by collecting receivables and carrying out related actions such as enforcement

    The servicer is responsible for the collection of interest and principal, which is passed along to the trustee.

    2002, Frank J. Fabozzi, The Handbook of Financial Instruments, page 373

Origin

From service + -er.

Full word history & related roots →
Cite this entry
APA

servicer. (n.d.). In WatkinsX Dictionary. Retrieved November 2, 2026, from https://dictionary.watkinsx.com/word/servicer

MLA

“servicer.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/servicer. Accessed November 2, 2026.

Chicago

WatkinsX Dictionary, s.v. “servicer,” accessed November 2, 2026, https://dictionary.watkinsx.com/word/servicer.

Source: servicer on Wiktionary, CC BY-SA 4.0.