Русско-англо-русский юридический словарь

To many of you unfamiliar with alternative dispute resolution, arbitration may be starting to sound a heck of a lot like litigation. The key difference is that arbitration usually takes place behind closed doors and the arbitrator's decision must remain secret unless the parties agree otherwise. (FindLaw UK)

Debt collection and debt recovery sound like they have the same meaning, but there is a subtle difference. Debt collection involves general measures taken to recover money owed by late payers. This might include telephone calls, reminder statements, specific ‘collection’ letters that request payment, or a pre-court ‘Letter Before Action.’

Debt recovery, on the other hand, is the recovery of a debt after it has been written off in a company’s accounts. So let us take a closer look at each of these terms. (http://collectionagencies.expertmarket.co.uk/What-is-the-Difference-Between-Debt-Collection-Debt-Recovery)

The governor of Nigeria's Central Bank has said that the banking system is sound following the financial scandal that has rocked the country. (BBC News)

The majority, in my respectful view, rests its holding on mistaken premises, for its reasoning conflicts with the express language of the Clean Air Act (CAA or Act), with sound rules of administrative law, and with principles that preserve the integrity of States in our federal system. (law.cornell.edu)