debt service

noun

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

Examples of debt service in a Sentence

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That reduces borrowing costs for new projects, like stadiums, and opens the door for the potential reduction of debt service by refinancing existing debt. —

Brendan Coffey, Sportico.com, 2 Dec. 2024 Post-pandemic inflation has significantly increased government borrowing costs, with projections indicating that debt service payments will soon surpass national security expenditures. —

Yaakov Katz, Newsweek, 27 Nov. 2024 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 See all Example Sentences for debt service