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1492 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

Showing 1 term

Recovery agent

Regulation & tax

A third party engaged by a lender to pursue collection, whose conduct remains the responsibility of the lender that engaged it.

In plain terms

Arguing with the agent achieves nothing. The complaint lies against the regulated lender, which cannot answer it by disclaiming the agency it appointed.

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Indian stock market glossary · Market Vidyalaya