servicers

/ˈsɜrvɪsərz/
noun
  1. People or companies that perform maintenance or repair work on machines, vehicles, or equipment.
    • We hired professional servicers to fix the heating system before winter.
    • Many appliance servicers offer warranties on their repair work.
    • The car dealership has a team of trained servicers who handle oil changes and tire rotations.
  2. People or organizations that provide a particular service, such as financial or customer support.
    • The company works with third-party servicers to handle customer inquiries.
    • Mortgage servicers must follow strict regulations when dealing with homeowners.
    • Loan servicers manage the collection of monthly payments from borrowers.
What does "servicers" mean? | whatsthatwordmean | whatsthatwordmean