Collection

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Collection

The presentation of a negotiable instrument for payment, or the conversion of any accounts receivable into cash.

Collection

The act of receiving payment for goods or services. Collection occurs on the spot in a cash sale, while it may occur some weeks or even months later in a credit sale. See also: Accounts receivable, Collection policy.
References in classic literature ?
Many people say that for a male person, bric-a-brac hunting is about as robust a business as making doll-clothes, or decorating Japanese pots with decalcomanie butterflies would be, and these people fling mud at the elegant Englishman, Byng, who wrote a book called THE BRIC-A-BRAC HUNTER, and make fun of him for chasing around after what they choose to call "his despicable trifles"; and for "gushing" over these trifles; and for exhibiting his "deep infantile delight" in what they call his "tuppenny collection of beggarly trivialities"; and for beginning his book with a picture of himself seated, in a "sappy, self-complacent attitude, in the midst of his poor little ridiculous bric-a-brac junk shop.
This is the collection of photographs I spoke of," said Trefusis, following him and opening one of the books.
I am astonished," said Miss Bingley, "that my father should have left so small a collection of books.
THE NEXT evening the astral lamp was lighted earlier than usual, because Laurence was very much engaged in looking over the collection of portraits which had been his New-Year's gift from Grandfather.
THE first three numbers in this collection are tales of the White Hills in New Hampshire.
Under his direction, Monsieur Le Quoi made some purchases, consisting of a few cloths; some groceries, with a good deal of gunpowder and tobacco; a quantity of iron-ware, among which was a large proportion of Barlow’s jack-knives, potash-kettles, and spiders; a very formidable collection of crockery of the coarsest quality and most uncouth forms; together with every other common article that the art of man has devised for his wants, not forgetting the luxuries of looking-glasses and Jew’s- harps.
Ide," it is not impossible that the poems now republished in this collection may be by the author of "The Raven.
Well, my name is Christabel Carstairs; and my father was that Colonel Carstairs you've probably heard of, who made the famous Carstairs Collection of Roman coins.
He had already quite a collection of prizes, worthless books on bad paper, but in gorgeous bindings decorated with the arms of the school: his position had freed him from bullying, and he was not unhappy.
I call it the library now, but then we called it the bookcase, and that was what literally it was, because I believe that whatever we had called our modest collection of books, it was a larger private collection than any other in the town where we lived.
Acting on language, those qualities generate a specific and unique beauty--"that other beauty of prose"--fitly illustrated by these specimens, which the reader needs hardly be told, after what has been now said, are far from being a collection of "purple patches.
He received letters from editors like the following: "About a year ago we were unfortunate enough to refuse your collection of love- poems.

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