the amount set aside annually in a fund to pay the interest and the part of the principal due on a debt.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
Examples from the Web for debt service
Contemporary Examples of debt service
We could borrow an extra trillion dollars this year, and add only 0.07% of GDP to future debt-service costs.Stop the Madness!
August 8, 2011