debt service

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debt service

noun carrying cost, charge, cost of the loan, obligation, overhead payment, repayment
Associated concepts: bankruptcy, fraudulent debt, interrogation, solvency, usury
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While financial performance started to deteriorate in 2000 due to increasing debt servicing and operating costs, the city took steps to reverse this performance with new management, tighter controls and raising water rates.
Although debt-financed capital spending peaked in 2001, rising debt servicing costs contributed to a reduction in debt service coverage from 1.
To accommodate increased debt servicing costs, sewer system revenues have increased 2.