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.
When landlords are unable to debt service their loans. Theresa Clift, Sacbee.com, 2 Sep. 2025 The Ceiling caps ratings on all other borrowers within the jurisdiction of the sovereign, thereby locking the entire economy into a debt service economics inextricably linked to sovereign ratings. Ann Rutledge, Forbes.com, 31 Aug. 2025 Once the debt service is paid off, the tax falls off. Carolyn Stein, Chicago Tribune, 31 Aug. 2025 Our total sovereign debt stock amounted to an eye-watering $1 trillion in the latest assessment, with $746 billion in debt service payments due between this year and 2031—about four times our financing needs to support our climate plans. Mohamed Nasheed, MSNBC Newsweek, 27 Aug. 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 11 Sep. 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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