Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,898,159,283 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Level Debt Service

    0.03 sec.
Level debt service
A municipal charter provision that debt payments must be relatively equal from year to year so that required revenue projections are easier.

Level Debt Service
A provision in many city and other local government charters stating that debt payments must be relatively equal from year to year. This allows the municipality to make revenue projections more easily, but may impose constraints on municipal bond issues. See also: Debt ceiling.


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
No references found
 
For jurisdictions that choose to use a level debt service structure, achieving this rate of repayment is challenging.
The loan is structured with a 27 year final maturity, no put risk, level debt service and the same security provisions and covenants as the series 2005 MHHEFA Master Loan Agreement.
BPCA's debt service schedule had been somewhat frontloaded, and while the current financing will raise near-term debt service payments slightly, the major effect will be in years 2032-2039, with the result being a more level debt service schedule through final maturity.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.