Glossary entry

English term or phrase:

vindication

English answer:

vengeance; exculpation; substantiation (not:debt collection)

Added to glossary by Daisy7
Feb 17, 2006 14:45
18 yrs ago
8 viewers *
English term

vindication

English Other Finance (general)
Can "vindication" be used as a term denoting "debt recovery/collection"?
And similarly is also the term "vindication company" (meaning company dealing with debt collection) correct?
I will be grateful for explanation!

Discussion

Daisy7 (asker) Feb 20, 2006:
Great thanks to all of you! Then I shall use the term 'debt collection' (or 'debt recovery) and 'collection agency', since most of you claim they are correct and more common.

Responses

+7
10 mins
Selected

vengeance; exculpation; substantiation

I've never encountered the word "vindication" in that particular context - in fact it sounds wrong to me.

"Main Entry: vin·di·cate
Pronunciation: 'vin-d&-"kAt
Function: transitive verb
Inflected Form(s): -cat·ed; -cat·ing
Etymology: Latin vindicatus, past participle of vindicare to lay claim to, avenge, from vindic-, vindex claimant, avenger
1 obsolete : to set free : DELIVER
2 : AVENGE
3 a : to free from allegation or blame b (1) : CONFIRM, SUBSTANTIATE (2) : to provide justification or defense for : JUSTIFY c : to protect from attack or encroachment : DEFEND
4 : to maintain a right to
synonym see EXCULPATE, MAINTAIN"

Source: http://www.m-w.com/dictionary/vindicate
Peer comment(s):

agree Can Altinbay : That's right. It would be wrong to use this term in this context.
3 mins
agree RHELLER : quite right :-)
6 mins
agree Stefanie Sendelbach
25 mins
agree Michael Barnett : I like the term "recovery" much more.
58 mins
Yes, or even "(debt) collection." ;-)
agree Jack Doughty
1 hr
agree Alfa Trans (X)
3 hrs
agree conejo
3 hrs
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4 KudoZ points awarded for this answer. Comment: "Thank you all very much for explanations :)"
28 mins

You might use it

I have found very few links that speak of vindication as linked to debt and debe collection. But the link below may be a sign of modern usage of the term. Online dictionaries may not be a useful guide here.

http://www.wilmette.lib.il.us/readersservices/bibliographies...

Here you are the context:
Brilliance, plagiarism, and debt are the engines that move this story. William Smith was a self-taught country boy who mapped the geology of the earth. George Belles Greenough, president of the Geology Society, plagiarized the map and deliberately discredited Smith's version of the map, relegating Smith to bankruptcy, debtor's prison, and a long struggle for vindication.
Peer comment(s):

neutral Laurel Porter (X) : I believe the "vindication" mentioned in the paragraph above refers to Smith's damaged reputation rather than specifically to his debts.
1 day 14 hrs
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44 mins

Syndication

Syndication is the term mostly used for companies dealing in debt recovering. You could use, indemnifying company, a company that seeks compensation for loses incurred.

Vindicate as stated earlier is to revenge or justify.
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+1
6 hrs

regain possession

From the Webster's Encyclopaedic Unabridged Dictionary of the English Language (1994):
vindicate: [meaning number 6] Roman and Civil Law - to regain possession, under claim of the title of property through legal procedure, or to assert one's right to possession.
(I NEVER knew that meaning of this word!!)
Peer comment(s):

agree Laurel Porter (X) : Cool! I would hesitate to use this, though, unless in a very specialized context. It is also a bit dodgy that most refs to VC on the web are on Polish sites - could be mistranslation?
1 day 9 hrs
Thanks for your input!
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1 day 15 hrs

collection

As I commented on Bill's answer, "vindication" could be technically correct. However, in the US, the commonly used term is collection. The companies tend to be called "collection agencies".
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