Debt Service Measure
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A Debt Service Measure is an microeconomic measure of the cash that is required for a particular time period to cover the repayment of interest and principal on a debt.
- Context:
- It can be associated with a Debt Service Payment.
- See: Debt Service Ratio, Interest Repayment, Principal on a Debt.
References
2014
- http://www.investopedia.com/terms/d/debtservice.asp
- QUOTE: The cash that is required for a particular time period to cover the repayment of interest and principal on a debt. Debt service is often calculated on a yearly basis. Debt service for an individual often includes such financial obligations as a mortgage and student loans. Companies may have outstanding loans or outstanding interest on bonds or the principal of maturing bonds that count towards the company's debt service. An individual or company that is not able to make payments to service the debt can be said to be "unable to service (his/her/its) debt."