| |
debt service coverage is in the Accounting & Auditing and Banking, Commerce & Finance subjects. debt service coverage appears in the definition of the following term: pre-tax debt service coverage ...
| |
Debt service constant A factor that, multiplied by the original loan principal, yields the annual debt service payment ( principal plus interest) required to amortize a loan. Browse: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z # ...
| |
Debt Service Fund - A fund into which the issuer makes periodic deposits to assure the timely availability of sufficient moneys for the payment of debt service requirements.
| |
Debt Service: Debt service refers to the semi-annual amount of money needed to pay the interest and principal payments on a bond issue.
| |
debt service reserve fund The fund into which are paid monies which are required by the trust agreement or indenture as a reserve against a temporary interruption in the receipt of the revenues or other amounts which are pledged for the payment of ...
| |
The conditions often include an historic and forecasted earnings coverage of debt service on the outstanding and the additional bonds. Additional bonds are usually, but not necessarily, on a parity with outstanding bonds.
| |
Sources of revenue have included payments on various loans, credit card payments, mortgage payemts, rent, royalities, lotter payments, mortgage debt service, and rent from real estate.
| |
In 1919, it became the Public Debt Service, and in 1940, the agency acquired its current name. The agency holds around 140 auctions of Treasury securities every year, and also makes savings bonds available on a continuous basis all over the country.
| |
This is accomplished by issuing a new bond issue and using the proceeds to purchase government obligations which will be escrowed and used to provide debt service on the original issue.
| |
In this instance, a debt instrument is conveyed from a foreign source of cheaper debt service to a country paying more for debt/per USD.
| |
See also: Debt, Interest, Issue, Bonds, Bond
|