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Examples of debt service in a Sentence
Recent Examples on the Web
And, as our work demonstrates, rich countries can provide immediate debt service cancellation (not deferment) after a shock of Beryl’s magnitude, to free up valuable fiscal space for relief and reconstruction.
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Courtney Lindsay, WIRED, 13 July 2024
Financial disclosure documents show as of the most recent debt service payment date on May 15, redemption of the bonds are ahead of the repayment schedule.
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Sarah Ritter, Kansas City Star, 11 July 2024
In addition, debt that was issued at lower rates is now being rolled over to higher rates, so debt service costs are going up more rapidly than total debt, Dudley said.
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Beth Greenfield, Fortune, 30 June 2024
DiNapoli said that move is expected to increase short-term debt service costs, paid for out of the MTA’s operating budget, by about $100 million annually.
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Evan Simko-Bednarski, New York Daily News, 25 June 2024
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These examples are programmatically compiled from various online sources to illustrate current usage of the word 'debt service.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Word History
First Known Use
1929, in the meaning defined above
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 26 Jul. 2024.
Legal Definition
debt service
noun
: the amount of interest and principal payments due annually on long-term debt
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