How to Use debt service in a Sentence

debt service

noun
Definition of debt servicenext
  • The tax would help pay the debt service on the $300 million project.
    — Mike Cason, AL.com, 22 Mar. 2018
  • The city will pay $300 million in debt service on its bonds.
    — Bill Turque, kansascity, 22 Mar. 2018
  • There was no debt service paid for the village this year.
    — Hank Beckman, chicagotribune.com, 12 Nov. 2019
  • Africa spends more on debt service costs than on health care.
    — Vanessa Kerry, STAT, 31 May 2024
  • The length of the debt service varies depending on when the bonds were issued and the last one in Fort Lauderdale will end in 2049.
    — Wells Dusenbury, sun-sentinel.com, 11 Sep. 2020
  • The tolls collected to pay for Phase 1 of the LA 1 project do not fully cover the debt service.
    — David Jacobs, Washington Examiner, 2 Mar. 2021
  • And meaning, a rise in rates affects debt service costs more.
    — WSJ, 9 Oct. 2018
  • That money is spent on debt service and services around the theme parks and resorts.
    — Michael Hiltzikbusiness Columnist, Los Angeles Times, 4 Apr. 2022
  • The city could pay off all the debt service and maybe finally see some life in what’s the deadest part of downtown.
    — Sharon Grigsby, Dallas News, 10 Sep. 2021
  • Reedy Creek issued bonds to pay for the construction and levies a millage on the district to pay off the debt service.
    — Gabrielle Russon, OrlandoSentinel.com, 6 Sep. 2017
  • Also, there is a question over whether the money could be used for debt service.
    — Mike Cason | [email protected], al, 16 June 2021
  • Any debt service abatement proposal will come to the board in March.
    — Rafael Guerrero, chicagotribune.com, 22 Dec. 2021
  • Maryland lottery proceeds will be used to pay debt service for the project, which is still in the planning stages.
    — Dave McMillion, Baltimore Sun, 18 Apr. 2022
  • The tax would raise about $274 million to pay for various projects as well as debt service for the bond issue.
    — David Ibata, ajc, 11 July 2018
  • Havre de Grace will repay the funds over 20 years, making debt service payments twice a year.
    — David Anderson, baltimoresun.com, 10 Sep. 2020
  • Worker pensions, retiree health care and debt service make up about a third of the budget.
    — Allysia Finley, WSJ, 5 Oct. 2018
  • When so much of our budget goes to debt service, we are misgoverned.
    — Mona Charen, National Review, 8 Nov. 2019
  • About $25 million of the hike would go toward debt service on a capital plan.
    — John Byrne, chicagotribune.com, 24 Sep. 2021
  • The entities' funding will largely go towards the debt service on the project.
    — Erin Edgemon, AL.com, 18 Apr. 2018
  • Interest rates and the cost of debt service have fallen even further since then.
    — Nihal Krishan, Washington Examiner, 12 Sep. 2020
  • Another 7 percent goes to the township's debt service, while 6 percent goes to the state.
    — John S. Marshall, Houston Chronicle, 30 Jan. 2018
  • That number would increase to $5 million per year — or eight times the annual debt service on the bonds.
    — Frederick Melo, Twin Cities, 22 July 2019
  • Well, Wicker said debt service on the new stadium will be about $11 million a year.
    — San Diego Union-Tribune, 3 Dec. 2021
  • The second portion of the tax rate is interest and sinking, used to pay for the district’s debt service, which the district set at 46 cents.
    — Paul Wedding, Houston Chronicle, 9 Oct. 2019
  • This bill makes no provision as to how that debt service is going to be assumed.
    — Eric Levenson and Dianne Gallagher, CNN, 21 Apr. 2022
  • Bagley said that the state can cut 10 years and $10 million annually off the debt service by waiting.
    — Rochelle Olson, Star Tribune, 26 Jan. 2021
  • The second phase of the school modernization project added $1 million to debt service.
    — Jesse Leavenworth, courant.com, 9 Mar. 2021
  • Proceeds from the state lottery — as much as $25 million per year — would be used to pay debt service on bonds needed to finance the projects.
    — Jeff Barker, baltimoresun.com, 2 Feb. 2022
  • Initially, the fund was used to pay debt service — principal and interest — on the bonds Connecticut sells on Wall Street to finance repairs, improvements and upgrades to highways, bridges and rail lines.
    — Keith M. Phaneuf, Hartford Courant, 13 Aug. 2024
  • Radigan said an annexation could spur changes in taxes, but what people should also understand is that once an area is incorporated into a city, other fees could go down, such as debt services on county resident tax bills.
    — Abigail Hasebroock, Sun Sentinel, 15 June 2024

Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'debt service.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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