'service' as a verb

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Itasan
Posts: 557
Joined: Wed Nov 05, 2003 8:22 am
Location: Yokohama, Japan

'service' as a verb

Post by Itasan » Tue Nov 20, 2007 11:33 pm

"Consumers will find it difficult to service their heavy load of debt.'
Does this 'service' mean:
1. pay back?
2. pay the interests of the debt?
3. any other?

Thank you.
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engteacher
Posts: 39
Joined: Fri Apr 13, 2007 4:24 pm

Post by engteacher » Wed Nov 21, 2007 5:58 am

I understand it to mean the repayment of both the principal and interest.
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Itasan
Posts: 557
Joined: Wed Nov 05, 2003 8:22 am
Location: Yokohama, Japan

Post by Itasan » Wed Nov 21, 2007 6:13 am

Thank you very much, engteacher.
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