Sentence examples for receivables portfolio from inspiring English sources

Its accounts cover 37percentt of Sears's $31 billion receivables portfolio, and some of those cardholders were not paying their bills, leading to heftier "chargeoffs" -- the industry term for uncollected bills -- despite Sears's unusually generous policy of not declaring a chargeoff until eight months have passed without payment.

"Growth of the receivables portfolio has been tremendous," says Dreher.

"We're pleased that we've completed the sale of our U.S. consumer credit receivables portfolio," said Dan Schulman, president and CEO of PayPal, in a statement.

The company said the sale of substantially all of United CreditServ's noncash assets includes the unit's credit card receivables portfolios and its Sioux Falls, S. D., servicing operations.

Synchrony is acquiring PayPal's consumer credit receivable portfolio, worth $6.4 billion.

Mr. Lavie, 31, works for Mars Financial Services in Mount Olive, N.J., where he helps to manage accounts receivable portfolios for Mars, the confectionary, pet care and food manufacturer based in McLean, Va.

The total loan portfolio, including receivables from credit cards, grew 39percenttoto 161.4 billion reais, from 116.2 billion in December 2006.

During the third quarter, credit and financial product sales hit $1.3 billion, and higher average receivable balances countered lower portfolio yield.

We then sold our $98 million portfolio of troubled receivables for 55¢ on the dollar, losing an additional $44 million.

The company, based in Stamford, Conn., said the financing was secured by its portfolio of lease receivables in Britain and would be repaid over 18 months.

ABB gave GE Capital a 2% reduction on the underlying value of its receivables and loan and lease portfolio.