What is the definition of Pre-tax debt service coverage? | Dictionary.net

PRE-TAX DEBT SERVICE COVERAGE

\pɹˈiːtˈaks dˈɛt sˈɜːvɪs kˈʌvəɹɪd͡ʒ], \pɹˈiːtˈaks dˈɛt sˈɜːvɪs kˈʌvəɹɪd‍ʒ], \p_ɹ_ˈiː_t_ˈa_k_s d_ˈɛ_t s_ˈɜː_v_ɪ_s k_ˈʌ_v_ə_ɹ_ɪ_dʒ]\

Definitions of PRE-TAX DEBT SERVICE COVERAGE

1910 - Black's Law Dictionary (2nd edition)

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The sign that a firm is able to cover interest payments and other debts before it pays its income tax dues. It is a product of annual debt service and the sum of pretax income, depreciation and other expenses.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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