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.
That would make debt service by far the single largest item in the federal budget, more than Medicare, Social Security, the military or any other program readers care about. Veronique De Rugy, Oc Register, 24 July 2025 In June, the Gophers shared with regents their budget crunch includes $15 million in general cost increases via scholarships, compensations, debt service, expanded travel and other items. Andy Greder, Twin Cities, 9 July 2025 Given that the government generally does not do great things with its money, tying its spending priorities to debt service is probably a positive. Brian Domitrovic, Forbes.com, 6 July 2025 The debt service for the new bonds will be paid for by revenue from the village water and sewer system customers at their existing rate. Hank Beckman, Chicago Tribune, 30 May 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 21 Aug. 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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