debt service

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Debt service

Interest payment plus repayments of principal to creditors (retirement of debt).

Debt Service

The amount of money required to make payments on the principal and interest on outstanding loans, the interest on bonds, or the principal of maturing bonds. An individual or company unable to make such payments is said to be "unable to service one's debt." An example of debt service is a monthly student loan payment. See also: Debt service coverage ratio.

debt service

Funds required to meet interest expenses, principal payments, and sinking fund requirements during a specific time period. A firm's ability to service its debt is estimated by comparing cash flow with debt service.

debt service

The amount necessary to make principal and interest payments on a loan.It does not include amounts collected each month as a reserve for insurance or real estate taxes and does not include payments for private mortgage insurance.

References in periodicals archive ?
Statements about RCC's future prospects are forward-looking and, therefore, involve certain risks and uncertainties, including but not limited to: competitive considerations, success of customer enrollment and retention initiatives, the ability to increase wireless usage and reduce customer acquisition costs, the ability to service debt, and other factors discussed in RCC's Report on Form 10-K for the year ended December 31, 2005 and from time to time in its other filings with the Securities and Exchange Commission.
In Fitch's view, the inability to completely rely on traffic and revenue studies, particularly for greenfield and highly leveraged, long-dated structures, requires a transparent, alternative approach to assessing the ability of the toll road to service debt on a full and timely basis.
7 billion will enable the company to service debt from a broader array of earnings streams.
Gilson advises buyers to be wary of destination clubs that excessively use leased properties in order to increase availability, and clubs that use membership deposits and annual dues to service debt.
Although SL Green's ability to service debt with stabilized portfolio earnings remains solid, its funding profile is somewhat constrained.
These risks, uncertainties and assumptions include general economic and political conditions, interest rates, market fluctuations and changes in client trading activity, increased competition, systems failures and capacity constraints, ability to service debt obligations, integration associated with the TD Waterhouse transaction, realization of synergies from the TD Waterhouse transaction, regulatory and legal matters and uncertainties and other risk factors described in our latest Quarterly Report on Form 10-Q filed with the SEC on May 9, 2006 and our latest Annual Report on Form 10-K filed with the SEC on Dec.

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