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Examples of debt service in a Sentence
Recent Examples on the Web
Radigan said an annexation could spur changes in taxes, but what people should also understand is that once an area is incorporated into a city, other fees could go down, such as debt services on county resident tax bills.
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Abigail Hasebroock, Sun Sentinel, 15 June 2024
Connecticut borrowed more than $80 million some years to cover town grants, taking advantage of the exemption for debt service.
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Keith M. Phaneuf, Hartford Courant, 30 Jan. 2024
Lower rates can also aid debt service payments for the federal budget deficit.
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Brian Evans,lisa Kailai Han, CNBC, 10 July 2024
The goal ultimately is to save about $70 million in annual debt service payments and use that savings to accelerate the rebuild of Connecticut’s aging transportation infrastructure.
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Keith M. Phaneuf, Hartford Courant, 9 Mar. 2024
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These examples are programmatically compiled from various online sources to illustrate current usage of the word 'debt service.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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 18 Aug. 2024.
Legal Definition
debt service
noun
: the amount of interest and principal payments due annually on long-term debt
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