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Ability to service debts

• The ability of a firm to make the contractual payments required on a scheduled basis over the life of a debt.

 
 

Follow this link for all the terms related to debt.

 
 Embedded terms in definition
 Basis
Debt
Firm
 
 Related Terms
 Debt service
Debt service coverage ratio
Debt service parity approach
Full service lease
Multiple listing service
Rating service

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Managing Your Expenses on a Fixed or Reduced Income: Once you've retired, you finally have the opportunity to work at your dream job - keeping yourself happy. It's your chance to visit places you've always wanted to see, take up a new hobby and spend more time with your family and friends. But to be successful at this new position, you've got to make the most of your income and investments. Here are suggestions. More...

No one ever achieved greatness by playing it safe. - Harry Gray

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