Debt service


Debt service
Interest payment plus repayments of principal to creditors, that is, retirement of debt. The New York Times Financial Glossary

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debt service ˈdebt ˌservice also ˈdebt ˌservicing noun [uncountable] FINANCE
when a company, government, or person makes regular payments on a debt, or the payments they make:

• The higher cost on that amount would result in an additional $80 million in debt service over the 20-year life of the bonds.

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debt service UK US noun [U] (also debt servicing)
FINANCE the act of regularly paying back a debt, including interest: »

debt service costs/payments


Financial and business terms. 2012.

Look at other dictionaries:

  • Debt service — may refer to: Interest payable on debt, especially on government debt Debt service ratio Debt service coverage ratio External debt Developing countries debt Credit analysis Bureau of the Public Debt …   Wikipedia

  • debt service — debt ser·vice n: the amount of interest and principal payments due annually on long term debt Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • Debt Service — The cash that is required for a particular time period to cover the repayment of interest and principal on a debt. Debt service is often calculated on a yearly basis. Debt service for an individual often includes such financial obligations as a… …   Investment dictionary

  • debt service — A term used to refer to the amount of principal and interest payments required by a borrower s loans or securities issued. Also used as a verb to describe making such payments. American Banker Glossary interest payment ( interest payments) plus… …   Financial and business terms

  • debt service — noun : the amount of interest and sinking fund payments due annually on long term debt * * * debt servicing. the amount set aside annually in a fund to pay the interest and the part of the principal due on a debt. * * * debt service, the total… …   Useful english dictionary

  • debt service — debt servicing. the amount set aside annually in a fund to pay the interest and the part of the principal due on a debt. * * * …   Universalium

  • debt service — noun Date: 1929 the amount of interest and sinking fund payments due annually on long term debt …   New Collegiate Dictionary

  • debt service — n. (Finance) money paid on loans; interest and principal paid on a debt over a given period of time …   English contemporary dictionary

  • Debt service —   The payments of principal and interest required on a debt over a given period …   International financial encyclopaedia

  • debt service — The interest and charges currently payable on a debt, including principal payments …   Black's law dictionary


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