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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. 2016.
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Contemporary Examples
  • We could borrow an extra trillion dollars this year, and add only 0.07% of GDP to future debt-service costs.

    Stop the Madness! August 7, 2011

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