Know these essential literary terms?

debt service

the amount set aside annually in a fund to pay the interest and the part of the principal due on a debt.
Related forms
debt servicing, noun Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source
Examples from the web for debt service
  • Otterbein borrowed money to build the equine center and a science center, counting on pledges to help pay the debt service.
  • Household leverage has dropped but the question is whether it has fallen enough to meaningfully reduce debt service burdens.
  • Print and all your debt service costs rise, don't print and the amount and velocity of money slows further and faster.
  • The shortage of affordable housing for the lowest income tier is running into debt service problems as well.
  • If this is combined by a temporary easing of their debt service burden, they could survive.

Word of the Day

Word Value for debt

Scrabble Words With Friends

Nearby words for debt service