noun ·3 syllables ·Rare ·Advanced level

Definitions

Noun

1. 1
   One 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."

2. 2
   a skilled worker whose job is to repair things wordnet

Example

More examples

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

Etymology

From service + -er.

Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.