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What is meant by a debt service?

Jamison
India

2007-09-23 07:17

Messages: 10
Country: USA
City: Augusta

What is meant by a debt service? Can you briefly explain me about the debt service......

Re: What is meant by a debt service?

Miller
India

2007-09-23 14:31

Messages: 15
Country: USA
City: Indianapolis

The Debt service is the expenditures they make on loans, such as credit cards and mortgage.

Re: What is meant by a debt service?

Nelson
India

2007-09-23 14:42

Messages: 14
Country: USA
City: Topeka

The most important and interest expenditures on outstanding bonds are often referred to as debt service. Just like if a family cannot omit on mortgage or credit card expenses, the metropolis must always continue its debt services it can be a part of city’s budget.

Re: What is meant by a debt service?

shiva14

2010-08-14 04:03

Messages: 87
Country: india
City: hyderabad
Job: B.tech
Company: sv

Hi ,
welcome to the forum,
it is the service given by the debt is our deposited money is taking from the account....
thanks for sharing,
regards ,
phe9oxis.
http://www.guidebuddha.com

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