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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.

Gambling enterprises was playing they are in reality slot machines

Posted on by cc_user
  • Threads: 174
  • Posts: 23051

So, quite simply, this would haven’t any impact on the gamer (until he had been seeking to DI new craps server, lol)

he could be gaming hundreds of thousands. so makes them bc casino slot machines. We isn’t viewed zero gambling enterprises tearing the fresh new machines away because of huge losses. Nor do indeed there seem to be teams of parasitic organisms drawing chips off men and women computers.

After every one of the first evaluation casinos set brand new video game to help you, the very last shot would be to put it on the floor and you may see just what goes. He is pleased.

Therefore its a video slot even when the attorneys emerged with this designation for almost all courtroom reason. The a slot machine game.

Discover people who consider when they a slot it will likely be developed doing funny one thing and you will hold long lasting gambling establishment kits them to keep. I am not to invest in they, at the very least not in most Us jurisdictions.

ddNow you claim and you can kick and you can plead united states That you aren’t an excellent gamblin’ people Then you get a hold of you might be back to Las vegas Having a handle on the givedd Your own black cards will make you currency Which means you mask all of them whenever you are able Regarding the property out-of gambling enterprises and cash You need to wear them the brand new deskdd You go straight back Jack try it again roulette wheels turinin’ ’round and you may ’rounddd You decide to go back Jack repeatdd

  • Threads: 62
  • Posts: 8626

Casinos noticed

He or she is “slots” in the same manner you can strike a good W2G on it (struck to own $1200+ using one spend, rating a jackpot/W2G), after that they are electronic. If you are inquiring “can brand new gambling establishment replace the odds / keep / an such like. to your ripple craps?” — at least inside the NV, they are not “slot machines” in this sense. Inside NV, in the event the a game title (even a kiosk swipe & victory types of online game), when the such things as dice otherwise cards are used, after that for each consequences needs to be just as most likely.

I suppose you’ll be able to the computer possess an enthusiastic RNG involved you to selections precisely what the 2nd chop roll would be, by using magnets or specific instance rubbish. However if one somehow are the case, for each and every count for each pass away must be similarly more than likely to look.

  • Threads: 174
  • Posts: 23051

They are “slot machines” in the same way you could potentially strike an excellent W2G to them (strike getting $1200+ on one pay, rating a beneficial jackpot/W2G), other than that he’s digital. If you find yourself asking “can also be the fresh new gambling establishment alter the chance / keep / etcetera. towards the bubble craps?” — no less than within the NV, they are not “slot machines” where feel. Inside the NV, if a game title (even a good kiosk swipe & profit type of game), if the things such as chop or cards are utilized, up coming each outcome should be equally probably.

I guess you’ll be able to the system enjoys an enthusiastic RNG in it you to definitely selections what the 2nd chop roll will likely be, that with magnets otherwise certain such as for example junk. However if one somehow try the truth, each number on every die would have to be just as almost certainly appearing.

ddSo now you swear and you may stop and you will plead you That you aren’t a good gamblin’ guy Then you certainly look for you will be back in Vegas Having a manage in your handsdd Your black colored notes can make you currency And that means you mask them when you’re in a position On house out of gambling enterprises and money You have to use them the fresh new tabledd You are going straight back Jack do it again roulette tires turinin’ ’round and you can ’rounddd You go right back Jack try it againdd

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