Monthly Debt Service

Business, Legal & Accounting Glossary

Definition: Monthly Debt Service


Monthly Debt Service


Full Definition of Monthly Debt Service


The required payments made every month on credit cards, home equity loans, installment loans, and other debt commitments, but it does not include payments on the loan that was applied for.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/monthly-debt-service/
Modern Language Association (MLA):
Monthly Debt Service. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
October 22, 2024 https://payrollheaven.com/define/monthly-debt-service/.
Chicago Manual of Style (CMS):
Monthly Debt Service. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/monthly-debt-service/ (accessed: October 22, 2024).
American Psychological Association (APA):
Monthly Debt Service. PayrollHeaven.com. Retrieved October 22, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/monthly-debt-service/

Definition Sources


Definitions for Monthly Debt Service are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.