"debt service" refers to the money that needs to be paid regularly to cover the repayment of a debt, including interest and principal amounts. Full definition
The country also has a high level of debt servicing ratio, which made its banking system more vulnerable. (cnbc.com)
Interest rates would have to rise substantially for debt service coverage levels to become a refinancing issue during the next two years. (info.trepp.com)
Banks would not lend due to the borrower's insufficient liquidity and credit to qualify, and the property income did not meet bank standards for debt service coverage. (montegra.com)