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

But persistent deficits and rising debt service costs still leave the economy vulnerable, the World Bank said. — Alexander Onukwue, semafor.com, 4 Nov. 2026

John Dunn, a spokesperson for the Tennessee Comptroller of the Treasury, said until the debt is issued and the actual rate is established, the school must pledge sufficient revenue to cover debt service at the assumed rate. — Daniel Libit, Sportico.com, 4 Nov. 2026

Analysts warn that given the accelerating pace of technological disruption, ultra long maturities make predicting future operational stability and debt service capacity increasingly difficult, compounding risk evaluation challenges for investors. — CNBC, 3 Nov. 2026

OnLight is losing $21,000 a month due to debt service payments and won’t have enough funding to pay that monthly debt in December, according to FitzCorbett. — Addison Wright, Chicago Tribune, 29 Oct. 2026

Word History

First Known Use

1929, in the meaning defined above

Rhymes for debt service

• disservice
• preservice
• interservice
• nervous
• nervus

Legal Definition

debt service

noun

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