debt service

American  

noun

1. the amount set aside annually in a fund to pay the interest and the part of the principal due on a debt.

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Other Word Forms

• debt servicing noun

Example Sentences

According to the foundation, more than 60 countries are paying more in debt service than on health and education.

From Barron's

Of the $62 million in debt service payments the public had to make each year, $50 million had been coming from USAir, the Pittsburgh Tribune-Review reported in 2003.

From Slate

So Japan needs money for defense, stimulus, currency support and debt service — all at once.

From MarketWatch

The agency warned that Senegal faces "elevated" borrowing needs for 2026, with approximately $4.6 billion in external debt service due, including $1.8 billion in commercial debt.

From Barron's

The government agreed to defer debt service payments for five years—worth $182 million—in exchange for a 5% stake in the company.

From Barron's