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

This is the first time in the past 70 years where American consumers are spending more money on all 12 major monthly expenditures at once—health care, local taxes, debt service, food, housing, transportation, utilities, insurance, entertainment, mobile, clothes, and education—Flickinger said. —Eva Roytburg, Fortune, 13 Apr. 2026

Two-pronged bond passes Voters opted Tuesday night to enact a general obligation bond and an accompanying debt services levy, according to unofficial election results from the Jackson County and Kansas City election boards. —Ilana Arougheti, Kansas City Star, 8 Apr. 2026

To the contrary, the evidence showed that Aquarion customers will see immediate and sustained bill increases from the transaction, in addition to being saddled with paying off the debt service for decades to come. —Edmund H. Mahony, Hartford Courant, 25 Mar. 2026

Local funds also tend to make up the majority of debt service funds for the schools. —Neal Franklin, Dallas Morning News, 24 Mar. 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