debt service

noun

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

Other Words From

• debt servicing noun

Example Sentences

The request comes in addition to support the city has for years provided to cover debt service for a previous Convention Center expansion, clear groundwater from under the facility’s parking garage and back efforts to book conventions.

From Voice of San Diego

Government debt has passed the pull-your-hair-out benchmark of 100% of GDP, but low rates have kept debt service comfortably below 2% of GDP.

From Fortune

Those payments, which cover the private debt service and the line’s operations and maintenance costs, are now expected to be about $140 million annually, he said.

From Washington Post

Critics say the debt service suspension has been hobbled by confusion and disagreement over which lenders should take part and on what terms.

From Ozy

Between January and May, Nigeria’s federal government spent 72 percent of its revenues on debt service.

From Ozy

Debt service as a percentage of disposable income is at an extremely low level.

From The Daily Beast

We could borrow an extra trillion dollars this year, and add only 0.07% of GDP to future debt-service costs.

From The Daily Beast

The normal expenditure after the War, apart from Debt service, has been reckoned to be 270 millions.

From Project Gutenberg

The IMF also does not shy away from helping countries meet their debt service obligations.

From Project Gutenberg