noun
- the quality or state of being able to be collected or gathered together
- the quality of being desirable or valuable to collectors; appeal to collectors
- in finance and law, the likelihood or ability that a debt or payment obligation can be successfully recovered or collected
Usage: finance; legal
Examples
- The collectibility of vintage baseball cards has made them a popular investment.
- Investors assess the collectibility of a debt before deciding whether to purchase it.
- The artist's early works have increased in collectibility over the past decade.
- Banks evaluate the collectibility of outstanding loans to determine their financial reserves.
- Rare coins are prized for their historical significance and collectibility.
- The company wrote off the account due to poor collectibility prospects.