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dunning - 3 dictionary results
dun
1
[duhn] 
verb, dunned, dun⋅ning, noun –verb (used with object)
| 1. | to make repeated and insistent demands upon, esp. for the payment of a debt. |
–noun
| 2. | a person, esp. a creditor, who duns another. |
| 3. | a demand for payment, esp. a written one. |
Origin:
1620–30; orig. obscure
1620–30; orig. obscure
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Based on the Random House Dictionary, © Random House, Inc. 2009.
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|
Link To dunning
| dun 1 (dŭn) tr.v. dunned, dun·ning, duns To importune (a debtor) for payment: a dunning letter. n.
[Origin unknown.] |
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
Dunning
The process of communicating with customers to ensure the collection of accounts receivable.
Investopedia Commentary
Dunning can start with gentle reminders and then progress to nearly threatening letters as accounts become more past due. Laws in each country regulate the extent to which dunning can take. It's okay to issue firm reminders, but generally unlawful to harass or threaten customers.
See also: Accounts Receivable
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