Author of this content has low reputation.

LeoGlossary: Debt Service Fund

How to get a Hive Account


When bonds are issued, money to make principal and interest payments is typically deposited into and paid out of a debt service fund, restricting or committing the funds for that use. Governments may have several debt service funds, or they may use one fund to account for multiple bond issues.

General:

H2
H3
H4
3 columns
2 columns
1 column
Join the conversation now
Logo
Center