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GLOSSARY

Debts or receivables

The schedule of work a Member RMA processes in order to try and collect debts (also known as a Workflow)

On-going debts being collected

Profitable enough to warrant a cost investment

The levels of professionalism in approach an RMA can demonstrate e.g the training of its agents, how data is protected by the RMA, how secure are its payments process and client money, once debts have been collected etc

The arrangement whereby debt collection services are offered on a “commission on collection” basis

Criminal records bureau checks

A company, an organisation or individual who places debts for collection onto the Metwork platform

Group of debts/accounts/receivables

The layout of the debt information (usually on an excel file) that is transferred to the RMA.

  • (a) The age of the debt. The older it is the more difficult it is to collect
  • (b) the quality of the contact data supplied. Is there a phone number, an email, a work telephone number, the full address available etc? The less the amount of contact data available the more the Member has to do to find it.
  • (c) The level of dispute around the debts. Are people refusing to pay because services haven’t been carried out or information hasn’t been supplied?
  • (d) Amount of work already processed to try and collect the debts. How many letters, emails and calls have been sent/made and have the debts been placed with another agency prior to placing on Metwork?

RMAs based in the same country as the debt placer.

Formal checking process to establish the business credentials of a party

Secure online facility provided by RMAs (Metwork members) that supplies information and analysis to the debt placer on the progress of their accounts.

Laws and guidance governing the work of collection agencies

A formal procurement process where multiple bidders are invited to submit a detailed proposal

Materials and know-how that specifically are the creation of a particular party and as such are subject to ownership rights.

The debt collection system that the RMA( Metwork Member) works on.

A Receivables Management Agency or RMA, better known as a debt collection agency who may place bids to collect your accounts.

A company, an organisation or individual who places debts for collection onto the Metwork platform.

A rapid procurement process. Usually sent to “preferred potential bidders”

Amounts of debt that have been collected

If no debt has been collected in that reporting period the RMA must record a 0, as opposed to not recording a figure.

One payment based on a forecast of how much debt will be collected

Group of debts/accounts/receivables

Would be considered by all interested parties as a “fair proposal” based on the information supplied

Debts or accounts

The amount of debt that a member RMA predicts will be collected.

Receivables Management Agency/ Metwork member

A formal procurement process where multiple bidders are invited to submit a detailed proposal.

An amount an RMA will charge for finding someone who has disappeared from an address

Sending the debt amounts and personal information to the RMA so they can start collecting them

A legal action resulting in a court judgment awarded against the defendant

To cancel a placement of debts already on the Metwork platform

The difference it costs a Member to collect a debt and the commission they earn from collecting it.

Better known because the Bally Technology, so it American business is situated in Las vegas

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This is exactly another popular gambling enterprise games application designer. Lots of its slot machine app is actually prominent, 88 Fortunes, King off Pop music, Quick Hit, Vegas Moves, Question Lady Silver, Dragon Spin being antique headings regarding the brand name. Position enthusiasts can was their hands within such headings inside free enjoy setting in the other betting domain names.

This will be a great Japanese gaming and you may amusement conglomerate. It is known as something brand name to own casinos and you will betting sites from the Asia. Several of its headings readily available for free enjoy try Imperial Wide range, Lotus Belongings, Wings of Phoenix, Asia Puzzle, Wonderful Wolves, China Shores although some.

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NetEnt is a buddies one dates back toward late 1990s. Belonging to Swedish creators, it is an openly financed team 21casino official site and you may a celebrated name certainly one of gambling enterprise names. You’ll find several high roller table game and you may ports less than that it brand. Many casinos ft its totally free twist now offers into the vintage titles regarding NetEnt instance Book of your own Inactive, Starburst, Jack as well as the Beanstalk, Content Kitties, Dracula, Impress Me personally, Gonzos Trip, Wonky Wabbits, Fruitspin, an such like.

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?? Exactly how Totally free Ports are extremely advantageous?

All of these titles are ended up selling with significant hype; looking to all of them totally free will help you to know if they like application very;

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It is better that the above things was checked in general tries a slot into the demonstration function. This may then convince one if they need certainly to invest the money wagers towards the a slot machine.

?? Different kinds of Slots

Brand new kinds of position online game which might be attempted at no cost and you may instead of while making registrations and you can packages was ranged. By way of example,

This is a simple type, usually called about three-reel slots. These have illustrations that will be old-school design and you can payouts was not very much. Yet not, these are usually of your own classic titles and you can templates and encourage members of one’s old school arcade video game. Speaking of far better choose entertainment in order to loosen.

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This type of often have even more give looking to all of them out, only to be able to residential property part of the jackpot you to they promise. The fresh new modern titles tend to be a much bigger pond of cash and certainly will give away quicker bonuses which might be a great deal more good than normal movies slots. Getting instance reasons, we enjoy playing this type of titles to have high bet.

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