Subject to Collection


Also found in: Acronyms.

Subject to Collection

A deposit of a check into a bank account to which the depositor has immediate access. That is, the deposit is treated as if it has already cleared even though it has not. Subject to collection deposits are available to longstanding or well-respected customers; however, if the check bounces, the deposit will be removed from the account. See also: Subject to verification.
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A Canadian income tax assessment or GST/HST assessment triggers an immediate payment obligation and is subject to collection action by the Canada Revenue Agency (CRA), notwithstanding that the taxpayer is formally disputing the assessed amounts.
Results indicate that Ceuta's metapopulation is viable if the species is not subject to collection, regardless of the high natural mortality rates registered.
Natoli claimed that the contract, which called for a check "subject to collection," never took effect since that condition was not satisfied.
For the current fiscal year, the share of provinces in the federal divisible pool is projected at Rs2.59 trillion, subject to collection of Rs4.4 trillion in taxes by the Federal Board of Revenue (FBR).
In a (https://www.documentcloud.org/documents/3892780-Privacy-Pia-cbp030-Tvs-june2017.html#document/p10/a362223) privacy assessment published by DHS in June, the agency noted the "only way for an individual to ensure he or she is not subject to collection of biometric information when traveling internationally is to refrain from traveling." A (https://www.perpetuallineup.org/sites/default/files/2016-10/The%20Perpetual%20Line-Up%20-%20Center%20on%20Privacy%20and%20Technology%20at%20Georgetown%20Law.pdf) 2016 study conducted by Georgetown found half of adult Americans are already in biometric databases.
If there is an outstanding administrative fee after adjudication, the amount is subject to collections, she added.

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