principal

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Principal

(1) The total amount of money being borrowed or lent. (2) The party affected by agent decisions in a principal-agent relationship.

Principal

1. A person or organization party to a transaction or event.

2. The amount that one borrows. For example, if one borrows $100,000, the principal amount is $100,000. Interest is calculated over the principal (and often over unpaid interest that accumulates).

principal

1. The face amount of a bond. Once a bond has been issued, it may sell at more or less than its principal amount, depending upon changes in interest rates and the riskiness of the security. At maturity, however, the bond will be redeemed for its principal amount. Also called principal amount.
2. Funds put up by an investor.
3. The person who owns or takes delivery of an asset in a trade. For example, an investor is the principal for whom a broker executes a trade.

Principal.

Principal can refer to an amount of money you invest, the face amount of a bond, or the balance you owe on a debt, distinct from the finance charges you pay to borrow.

A principal is also a person for whom a broker carries out a trade, or a person who executes a trade on his or her own behalf.

principal

  1. a sum of money or capital which can earn INTEREST.
  2. the owner of a firm or other assets who assigns the management of the firm or assets to an AGENT who acts on behalf of the principal. See PRINCIPAL-AGENT THEORY, AGENCY COST.

principal

  1. a sum of money or capital that can earn INTEREST.
  2. the owner of a firm or other assets who assigns the management of the firm or assets to an AGENT who acts on behalf of the principal. See PRINCIPAL-AGENT THEORY, AGENCY COST.

principal

(1) One who has permitted or instructed another—called an agent—to act on his or her behalf and according to his or her instructions. (2) One who is primarily liable for an obligation, as opposed to a surety,who is secondarily liable.(3) With a promissory note,the principal is the unpaid balance of the funds borrowed,not including any interest or other fees.(4) In a trust,the property of the trust that generates income.Principal can be real property or personal property.

Principal

The portion of the monthly payment that is used to reduce the loan balance.

See Amortization.

References in periodicals archive ?
They would take up a topic like, maybe, guidance practices, or the principalship, or the headmastership.
Median ages of the first principalship and first superintendency (32 and 47.
14) for example, suggest that while 'there are far more people "qualified" for a principalship in the United States than there are jobs for them to fill', supply problems exist in pockets.
Disincentives to the principalship included lack of support from the employing authority, inadequate pay, isolation, growing responsibilities, difficult parents, and interfering pastors.
He thought that his prestigious MBA, private-sector experience, and nine years as a classroom teacher would distinguish him from more traditional applicants for the principalship.
Another important aspect in which public and private school principalships differ is how principals perceive the problems at their school.
The problems are made clear by the ISLLC School Leaders Licensure Assessment, which several states now use to assess the competence of candidates for principalships.
high school principalships or district superintendencies), and/or locations (e.
Before 1989, small primary school principalships played an important part in teaching career paths and principal development.
For assistant principalships, the average number of applications per vacancy in 1985 was 47 but by 1999 it was a mere 7.
The principalships serve to reward employees who have helped the firm to grow and succeed in serving clients.