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In economics, servicing the debt refers to the process of making regular payments to cover the interest and principal on borrowed funds. This ongoing obligation ensures that the borrower remains in good standing with creditors and avoids default. The term typically encompasses activities such as interest payments, loan repayments, and any associated fees. Effective debt servicing is crucial for maintaining financial stability and creditworthiness.

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3w ago

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What does Debt Servicing mean?

Debt servicing refers to the process of paying back borrowed funds, which includes both the repayment of principal and the interest on the debt. It is a crucial aspect for individuals, businesses, and governments, as it affects financial health and liquidity. Effective debt servicing ensures that borrowers can meet their obligations without defaulting, thereby maintaining creditworthiness and financial stability.


How much did the French government spend servicing it's debt in 1789?

20 trillion american dollors in debt.


Are There Other Things That Can Impact On How Much I Can Borrow?

Lenders will look at your resources and liabilities in addition to the assets of the business. They will then consider the debt servicing capability of the business enterprise and any other outside income you may introduce or debt you are presently servicing.


What is study of economics called?

It is called economics


What are aviation economics?

Aviation Economics is the financial and management side of aviation, E.g: American Airlines; are they having the correct and enough aircraft servicing a destination? Is it costing the airline to much, etc?


Micro-Economics is also called?

micro economics is also called?


What lead to the estates general?

A crisis of economics involving a massive National debt.


What is debt servicing?

Debt service refers to payment of money owed to a bank or other institution. Debt service may be done all at once or in stages.


What is a supporter of free-market economics called?

A supporter of free-market economics is called a capitalist.


Is personal finance is the same thing as economics?

Personal finance can be the same thing as economics. Here is how that can work out. A person deals with personal finance with regard for example to a debt. The way to solve the debt problem is to use economics. The situation calls for increasing the output of a personal resource based on the marketability of the individuals resource. The resource can be an expertise in administering expatriate affairs of various corporations. The demand can be strong in this field. The supply can be short. With this scenario, the individual increases the price of the expertise and thus via economics solves the debt problem.


What has the author Matthieu Charpe written?

Matthieu Charpe has written: 'Financial assets, debt, and liquidity crises' -- subject(s): Macroeconomics, Business cycles, Financial crises, Keynesian economics, BUSINESS & ECONOMICS / Economics / Macroeconomics


Who is called 'the father of Economics'?

Adam Smith is known as 'the father of Economics'.