Cash collection

recovery of cash from a business or individual

Cash collection is a function of Accounts receivable.

Quotes

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  • If I take the wages of everyone here, individually it means nothing, but collectively all of the earning power or wages that you earned in one week would make me wealthy. And if I could collect it for a year, I'd be rich beyond dreams. Now, when you see this, and then you stop and consider the wages that were kept back from millions of Black people, not for one year but for 310 years, you'll see how this country got so rich so fast. And what made the economy as strong as it is today. And all that slave labor that was amassed in unpaid wages, is due someone today. And you're not giving us anything when we say that it's time to collect.
    • Malcolm X, "Twenty million black people in prison," in Malcolm X: The Last Speeches, p. 51
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