debt service

What is debt service?

debt service definition and meaning on Finance terms:
The set of payments, including the principal amount and interest, to be made by the debtor over the life of a debt. Debt service can be measured for past periods (observed) or future periods (scheduled). The most common period selected for debt service is the coming year. <

 

reference: https://www.ecb.europa.eu/home/glossary/html/index.en.html

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