debt service

noun

: the amount of interest and sinking fund payments due annually on long-term debt

Examples of debt service in a Sentence

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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 One out of every six dollars the world's poorest governments received in revenue in 2024 went straight to foreigners in the form of debt service, per a new analysis from Debt Justice. —

Felix Salmon, Axios, 2 Jan. 2025 Congressional Budget Office projections indicate that debt service costs next year could exceed $1 trillion. —

Sasha Rogelberg, Fortune, 24 Nov. 2024 The federal debt stands at roughly $36 trillion, and the spike in inflation after the COVID-19 pandemic has pushed up the government’s borrowing costs such that debt service next year will exceed spending on national security. —

Lisa Mascaro, Los Angeles Times, 21 Dec. 2024 See all Example Sentences for debt service