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Glite Dictionary
🧸 Desirability for collecting 💰 Chance of payment
collectability

collectability

5.7
How likely someone is to pay money they owe
  • noun
  • /kəˌlɛktəˈbɪləti/
  • Specialized
translation icon : cobrabilidad
  • Before approving the contract, the manager assessed the collectability of the outstanding payments.

Examples

  • The collectability of this debt is quite low.

  • Changes in the economy can affect the collectability of taxes owed to the government.

  • The collectability of the loan was questioned after the borrower declared bankruptcy.

  • Investors often assess the collectability of assets before purchasing.

  • The collectability of the overdue payments was assessed by the finance team.

  • Investors often consider the collectability of accounts before approving loans.

  • The collectors examined the invoices to evaluate their collectability based on the clients' credit histories.

Synonyms

collectibility
vscollectability
  • Specialized
7.2

Chance that money owed will be paid

focuses on the degree of success in getting money back rather than mere likelihood
recoverability
vscollectability
  • Formal
7.4

If people can get money or costs back through a court

emphasizes general chance of payment rather than legal right or process

How Collectable

collectability
  • Specialized
5.7
uncollectible
  • Specialized
7.8

Surface Forms

collectability singular
collectabilities plural

Morphology

collectability = collectable (transparent) = collect + able + ity

The noun is a regular derivation from 'collectable' plus '-ity', and the debt-recovery sense follows directly from 'collect'.

Etymology

Collectability comes from the verb collect, which means 'to gather', and the ending -ability, meaning 'the ability to'. So when we talk about the collectability of a loan or debt, we mean the 'ability to gather' the money owed, and you can see the same root in collection and collectible.