level debt service


level debt service
A municipal charter provision that debt payments must be relatively equal from year to year so that required revenue projections are easier. Bloomberg Financial Dictionary

Financial and business terms. 2012.

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  • debt service ratio — ➔ ratio * * *    The proportion of a country s export earnings needed to cover interest and principal repayments of its foreign debts, particularly those owed by the public sector. A level of 20 percent is normally considered an acceptable… …   Financial and business terms

  • Debt service coverage ratio — The debt service coverage ratio (DSCR), also known as debt coverage ratio, is the ratio of cash available for debt servicing to interest, principal and lease payments. It is a popular benchmark used in the measurement of an entity s (person or… …   Wikipedia

  • Total Debt Service Ratio - TDS — A debt service measure that financial lenders use as a rule of thumb to give a preliminary assessment of whether a potential borrower is already in too much debt. More specifically, this ratio shows the proportion of gross income that is already… …   Investment dictionary

  • Gross Debt Service Ratio - GDS — A debt service measure that financial lenders use as a rule of thumb to give a preliminary assessment about whether a potential borrower is already in too much debt. Receiving a ratio of less than 30% means that the potential borrower has an… …   Investment dictionary

  • Debt-to-GDP ratio — Government debt as percentage of GDP globally. (2009 estimates) …   Wikipedia

  • service — ▪ I. service ser‧vice 1 [ˈsɜːvs ǁ ˈsɜːr ] noun 1. [countable usually plural] COMMERCE business that involves selling help and advice, or delivering goods etc for customers, rather than manufacturing goods: • He charged a £600,000 fee for… …   Financial and business terms

  • service — [[t]sɜ͟ː(r)vɪs[/t]] ♦ services, servicing, serviced (For meaning 14, services is both the singular and the plural form.) 1) N COUNT: usu with supp A service is something that the public needs, such as transport, communications facilities,… …   English dictionary

  • Debt Limitation — A bond covenant that limits or restricts any additional debt that may be incurred by the issuer. Debt limitations look to protect the current lenders by maintaining the firm s degree of leverage. A debt limitation may take a variety of forms,… …   Investment dictionary

  • level — Used in the context of general equities. Price measure of an indication. Bloomberg Financial Dictionary * * * ▪ I. level lev‧el 1 [ˈlevl] noun 1. [countable] the measured amount of something that exists at a particular time or in a particular… …   Financial and business terms

  • service — serv|ice1 [ sɜrvıs ] noun *** ▸ 1 system to meet needs ▸ 2 help/advice ▸ 3 doing government work ▸ 4 work/duties done for someone ▸ 5 organization giving help ▸ 6 religious ceremony ▸ 7 money to help pay waiter ▸ 8 use/benefit object gives ▸ 9 of …   Usage of the words and phrases in modern English