debt service

noun

: the amount of interest and sinking fund payments due annually on long-term debt

Examples of debt service in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The debt service costs along with the higher total debt complicate Trump’s efforts to renew his 2017 tax cuts, much of which are set to expire after next year. Sasha Rogelberg, Fortune, 24 Nov. 2024 Ballooning deficits, runaway debt service costs, and the risk of a bond market meltdown are pushing the nation toward uncharted territory. Dave Birnbaum, Forbes, 21 Nov. 2024 The majority of the budget is for debt service, the military and entitlement programs. Baltimore Sun Editorial Board, Baltimore Sun, 20 Nov. 2024 The report also flags concerns rising sovereign debt service costs and the weak fiscal fundamentals of several euro zone member countries. Jenni Reid, CNBC, 20 Nov. 2024 See all Example Sentences for debt service 

Word History

First Known Use

1929, in the meaning defined above

Time Traveler
The first known use of debt service was in 1929

Dictionary Entries Near debt service

Cite this Entry

“Debt service.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/debt%20service. Accessed 15 Dec. 2024.

Legal Definition

debt service

noun
: the amount of interest and principal payments due annually on long-term debt
Last Updated: - Updated example sentences
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