Collect Call, Collection, Collective Bargaining, Collusion

Collect Call, Collection, Collective Bargaining, Collusion :

Collect Call : a call when the person to whom the call has been placed pays the bill. The operator through which the call is placed first, identifies the person who is called and after confirming with the person as to whether he will pay the bill or not, connects the line.

Collection : the cash received in lieu of the accounts receivable. It further describes a process whereby accounts are regularly looked into so that any dues are not overlooked. At times an outside agency is also given the responsibility of collecting the amount which is due to the organisation.

Collective Bargaining : negotiations undertaken by a bargaining agent for a group of employees in order to settle the wage rates, working conditions etc.

Collusion : Two or more people scheming in order to undertake an illegal venture.

Collect Call

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