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 further decline in debt-to-income ratios 2025 may have provided some relief in debt service. Christian Weller, Forbes.com, 17 June 2025 The roughly $5 billion in debt service required to borrow $70 billion would put total debt service at more than 20%, well above the 15% threshold, making New York look more like Chicago from a credit perspective. Antonio Weiss, New York Daily News, 15 June 2025 Key components of the budget are construction and debt service, said district budget chief Tom Sager. Imani Cruzen, Twin Cities, 11 June 2025 The Committee for a Responsible Federal Budget calculates that the legislation could cause the government's debt service costs to approach $2 trillion and more than 4% of GDP, which would be the most on record. Neil Irwin, Axios, 19 May 2025 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

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Cite this Entry

“Debt service.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/debt%20service. Accessed 7 Jul. 2025.

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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