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1492 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

Showing 1 term

Debt service coverage ratio

Accounting
Also called: DSCR

Cash available for debt service divided by the interest and principal falling due in the same period.

In plain terms

Interest cover asks whether the interest is affordable; this asks whether the repayments are. In a year containing a bullet maturity the two answers are nowhere near each other.

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Indian stock market glossary · Market Vidyalaya