How to Use debt service in a Sentence

debt service

noun
Definition of debt servicenext
  • There was no debt service paid for the village this year.
    — Hank Beckman, chicagotribune.com, 12 Nov. 2019
  • When so much of our budget goes to debt service, we are misgoverned.
    — Mona Charen, National Review, 8 Nov. 2019
  • The interest and sinking fund is commonly known as the district’s debt service rate.
    — Chris Shelton, Houston Chronicle, 11 Sep. 2019
  • Our current debt service is approaching $10 million per year.
    — Tracy Maness, Houston Chronicle, 18 Nov. 2019
  • The second portion of the tax rate is interest and sinking, used to pay for the district’s debt service, which the district set at 46 cents.
    — Paul Wedding, Houston Chronicle, 9 Oct. 2019
  • Both the debt service level and credit quality of borrowers have improved in the aftermath of the crisis.
    — Ben Carlson, Fortune, 1 Aug. 2019
  • Spending on children as a share of the federal budget is also expected to shrink over the coming decade, crowded out by both debt service and spending on the elderly.
    — Catherine Rampell, The Denver Post, 8 Sep. 2019
  • The $15 million proposal faces another challenge: afull council vote to approve the debt service in October.
    — Cortlynn Stark, Indianapolis Star, 13 Sep. 2019
  • The savings from the refinancing will be redirected from debt service funds to other uses in the general fund and capital expense budgets, officials said.
    — Jeff Forward, Houston Chronicle, 31 Oct. 2019
  • Africa spends more on debt service costs than on health care.
    — Vanessa Kerry, STAT, 31 May 2024
  • The length of the debt service varies depending on when the bonds were issued and the last one in Fort Lauderdale will end in 2049.
    — Wells Dusenbury, sun-sentinel.com, 11 Sep. 2020
  • The tolls collected to pay for Phase 1 of the LA 1 project do not fully cover the debt service.
    — David Jacobs, Washington Examiner, 2 Mar. 2021
  • That money is spent on debt service and services around the theme parks and resorts.
    — Michael Hiltzikbusiness Columnist, Los Angeles Times, 4 Apr. 2022
  • The city could pay off all the debt service and maybe finally see some life in what’s the deadest part of downtown.
    — Sharon Grigsby, Dallas News, 10 Sep. 2021
  • Also, there is a question over whether the money could be used for debt service.
    — Mike Cason | McAson@al.com, al, 16 June 2021
  • Any debt service abatement proposal will come to the board in March.
    — Rafael Guerrero, chicagotribune.com, 22 Dec. 2021
  • Maryland lottery proceeds will be used to pay debt service for the project, which is still in the planning stages.
    — Dave McMillion, Baltimore Sun, 18 Apr. 2022
  • Havre de Grace will repay the funds over 20 years, making debt service payments twice a year.
    — David Anderson, baltimoresun.com, 10 Sep. 2020
  • About $25 million of the hike would go toward debt service on a capital plan.
    — John Byrne, chicagotribune.com, 24 Sep. 2021
  • Interest rates and the cost of debt service have fallen even further since then.
    — Nihal Krishan, Washington Examiner, 12 Sep. 2020
  • Well, Wicker said debt service on the new stadium will be about $11 million a year.
    — San Diego Union-Tribune, 3 Dec. 2021
  • This bill makes no provision as to how that debt service is going to be assumed.
    — Eric Levenson and Dianne Gallagher, CNN, 21 Apr. 2022
  • Bagley said that the state can cut 10 years and $10 million annually off the debt service by waiting.
    — Rochelle Olson, Star Tribune, 26 Jan. 2021
  • The second phase of the school modernization project added $1 million to debt service.
    — Jesse Leavenworth, courant.com, 9 Mar. 2021
  • Proceeds from the state lottery — as much as $25 million per year — would be used to pay debt service on bonds needed to finance the projects.
    — Jeff Barker, baltimoresun.com, 2 Feb. 2022
  • Poole said the expects the annual debt service to be about $45 million to $48 million once all the prison financing is in place.
    — Mike Cason | McAson@al.com, al, 30 June 2022
  • If debt service is not abated, the average tax bill will increase by about 2.5%.
    — Rafael Guerrero, chicagotribune.com, 22 Dec. 2021
  • When debt service costs are included, the deficit figure grows to $1.9 trillion.
    — Jane C. Timm, NBC News, 17 Sep. 2023
  • In low-income economies, debt service ate up a median of 28% of revenue, a more than two-fold increase.
    — Alexander Saeedy, WSJ, 29 Nov. 2022
  • The plan ultimately would save the state about $70 million annually in debt service costs and still would leave a healthy reserve equal to about 18% of the transportation fund.
    — Keith M. Phaneuf, Hartford Courant, 31 May 2024

Some of 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.

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