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 What is meant by a debt service?

Jamison

23-09-2007 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

23-09-2007 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

23-09-2007 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.

        
  




 

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