Principal amount


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Principal amount

The face amount of debt; the amount borrowed or lent. Often called principal.

Principal Amount

The amount of money one borrows. Unless the loan is interest-free, one always pays more than the principal amount to the lender. The interest is calculated over the principal amount still outstanding. As a result, many loans are amortized so that a greater amount of principal amount remains outstanding for a longer period of time so the lender can make the most profit from the loan. It is also simply called the principal.
References in periodicals archive ?
356 still applies and gain is measured by the entire principal amount of the securities received.
A TIPS also will provide for an additional payment at maturity if the security's inflation-adjusted principal amount for the maturity date is less than the security's principal amount at issuance.
Beginning on February 15, 2012, the Company may redeem some or all of the notes at a redemption price equal to the principal amount of the notes to be redeemed, plus accrued and unpaid interest, if any.
5 million principal amount of additional 2011 notes and up to $22.
The total consideration for each $1,000 principal amount of the Buffets Notes tendered and accepted for purchase pursuant to Buffets' tender offer will be $1,058.
6233 shares of common stock per $1,000 principal amount of the 2011 notes, representing a conversion price of approximately $28.
the exchange agent for the exchange offer, at the expiration of the exchange offer, $341,678,000 aggregate principal amount of the existing debentures, representing approximately 95% of the outstanding principal amount of the existing debentures, were tendered for exchange, including $62,204,000 aggregate principal amount of existing debentures tendered through notice of guaranteed delivery.
The Company also announced that Auto has extended the Expiration Time for its cash tender offer and consent solicitation with respect to its $100,000,000 aggregate principal amount of 4 5/8% Senior Exchangeable Notes due 2025 (the "4 5/8% Notes") to 5:00 p.
NASDAQ NM: AMKR) announced today that it is calling for the redemption on June 30, 2006 of $178,118,000 aggregate principal amount of its 10.
Hexion has accepted for purchase $292,040,000 principal amount of the outstanding $328 million principal amount of its 13 1/2% Notes, $199,881,000 principal amount of the outstanding $200 million principal amount of its 9 1/2% Notes and the entire $140 million outstanding principal amount of its 8% Notes.