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.
increasing the consideration offered in the exchange offer per each $1,000 principal amount of Debentures tendered from $100 in cash and $700 principal amount of New Notes to $145 in cash and $725 principal amount of New Notes;
203,300,000 aggregate principal amount of notes are currently outstanding.
0 million outstanding principal amount of its 7-3/4 percent debenture bonds due 1996 at the regular redemption price of 100.
625 of accrued interest for each $1,000 principal amount of sinking fund debentures.
5 million principal amount of additional 2011 notes and up to $22.
150 million principal amount of its series KK bonds due 1997 from Merrill Lynch & Co.
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.
NYSE:PMI) announced today preliminary final results of its offer to exchange up to $359,892,000 in aggregate principal amount of its existing 2.
19 /PRNewswire/ -- Public Service Electric and Gas Company (PSE&G) today sold through competitive bidding $200 million principal amount of its first and refunding mortgage bonds Series EE due 2021; $100 million principal amount of its first and refunding mortgage bonds, Series FF due 2001, and $150 million principal amount of its first and refunding mortgage bonds, Series GG due 1997.