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 toll increases will be used to repay the debt service under Act 44, which assists funding statewide road maintenance. Alexandra Simon, CBS News, 31 Dec. 2025 In this case, incremental sales tax growth that would otherwise go towards state and local government priorities will be tied up in debt service stadiums on the STAR bonds. Matthew Kelly, Kansas City Star, 25 Dec. 2025 Those funds are not all directed towards football, and part of that increase reflects a jump in cost of living and scholarship costs, plus facility debt service covered by the school. Lev Akabas, Sportico.com, 24 Nov. 2025 These clauses allow governments to automatically suspend debt service payments to bondholders for up to two years when a qualifying disaster strikes. Farah Nibbs, The Conversation, 12 Nov. 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 9 Jan. 2026.

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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