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.

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

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

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

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

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

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 …