Debt Service
The amount of principal and interest required to be paid on an issue of bonds.
A Maturity schedule in which the combined annual amount of Principal and Interest payments remains relatively constant over the life of a Bond Issue. Some state laws require Level Debt Service for certain transactions.
See Also
The amount of principal and interest required to be paid on an issue of bonds.
Law designed to ensure that investors are provided with material information about new issues of securities offered for sale to the public.