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 second measure – Proposition O – asks for approval to increase the debt service levy by 30 cents to issue general obligation bonds for $128 million. —

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. —

Quartz Bot, Quartz, 14 Nov. 2024 That money goes to several big-ticket items including coaching salaries, debt service, facilities and athlete student aid. —

Helen Rummel, The Arizona Republic, 1 Jan. 2025 Aside from dips between 2028 and 2030, there will be $24 million to $57 million in property tax revenues left each year after making debt service payments, according to city figures through 2034. —

A.d. Quig, Chicago Tribune, 6 Jan. 2025 See all Example Sentences for debt service