principal balance

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principal balance

That portion of the original loan amount which remains unpaid. It does not include accrued interest or fees.

References in periodicals archive ?
Proceeds from the offering were used to acquire mortgage servicing assets related to non-agency mortgage loans from Ocwen with an unpaid principle balance (UPB) of USD27.
The main reason you are getting these notes at basically 50 percent of the unpaid principle balance is because you are willing to accept this risk and deal with it.
Endowed chair programs are funded from the interest earned on the principle balance.
The fund also assumed an amortising term loan with a current principle balance of approximately USD56.