Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
1,507,856,449 visitors served.
forum mailing list For webmasters
?
New: Language forums
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Level debt service

    0.07 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.


How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
No references found
 
The series 2007 COPs are structured as 30-year COPs with level debt service and a 10-year par call.
Fitch Rates Otay Water District, California COPs 'AA-'; Outlook Stable by Business Wire
These features include: the bonds' level debt service structure and short, 20-year life; the additional liquidity provided by minimum fund balance levels (equal to maximum annual debt service [MADS]); and a pledge to refill reserve draws from legally available funds of the 22nd District Agricultural Association (the district), a state entity which owns and operates the 410-acre Del Mar Fairgrounds facility.
Fitch Affirms Del Mar Race Track Authority, California at 'BBB-'; ... by Business Wire
Concern for the narrow revenue source is mitigated by the substantial cushion between current fee revenues and projected MADS, conservative revenue growth assumptions that are part of the biannual state forecasting, and level debt service.
Fitch Rates State of Minnesota's $35MM 911 Revenue Bonds 'AA-'; ... by Business Wire
More results
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2009 Farlex, Inc.
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. Terms of Use.