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Examples of debt service in a Sentence
Recent Examples on the Web
Compounding this issue is the mounting burden of debt service payments.
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George Cardenas, Chicago Tribune, 18 Feb. 2025
To lenders, this could indicate that the asset is not generating enough net operating income to cover the debt service.
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Chay Lapin, Forbes, 21 Oct. 2024
The second measure – Proposition O – asks for approval to increase the debt service levy by 30 cents to issue general obligation bonds for $128 million.
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Alecia Taylor, Kansas City Star, 7 Feb. 2025
The filing also details various financial agreements, including a waiver from the company's lender for not meeting the debt service coverage ratio as of June 30, 2024.
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Quartz Bot, Quartz, 14 Nov. 2024
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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 24 Feb. 2025.
Legal Definition
debt service
noun
: the amount of interest and principal payments due annually on long-term debt
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