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

Debt, White emphasizes, is “dangerous in all states of nature” — in good times, if you’ve got really big debts, interest rates go up, and the cost of debt service goes up.

From MarketWatch

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