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Glossary of Credit Management Terms. Letter E

Earnings report/statement:
A business financial statement that lists revenues, expenses, and net income throughout a given period. Because of the various methods used to record transactions, the monetary values shown on an income statement often can be misleading. Also known as Profit and loss statement, Operating statement, or Income statement.

Enforcement:
Once a debt has been sued for successfully and judgment entered against the debtor there are various methods of physically recovering the money and those are enforcement methods. Examples are instructing bailiffs to levy execution, charging orders, attachment of earnings, Third Party Debt Orders.