Principal Payments

Principal Payments

The portion of a loan payment that reduces the outstanding balance of the loan.
References in periodicals archive ?
The company began making principal payments on its term loan in April.
Avianca Holdings intends to resume scheduled principal payments once these agreements have been successfully reached, as Avianca Holdings' proposal is for all creditors to be paid in full, including principal and interest.
Principal payments, for their part, jumped by almost 6.5 times from the P4.67 billion in the same month last year.
Without a standstill by the end of March, the miner would have owed USD44.1 million of both principal payments and interest on its senior facility.
Of this payable amount, PKR 13.7 Bn are the actual principal payments due to Sui Southern Gas Company (SSGC) against gas supply (out of which PKR 4.67 Bn is to be adjusted against refundable GIDC), while the remaining dues relate to National Transmission and Distribution Company (NTDC) and other federal and provincial entities.
Beginning in October 2019, principal payments received from agency debt and agency MBS will be reinvested in Treasury securities subject to a maximum amount of $20 billion per month; any principal payments in excess of that maximum will continue to be reinvested in agency MBS.
During the third quarter of 2018, Horizon received regularly scheduled principal payments on investments totaling USD 5.6 million, compared to regularly scheduled principal payments totaling USD 5.4 million during the second quarter of 2018.
The national government settled P47.21 billion in debt in July, less than half of the obligations paid a year ago, as principal payments declined.
To keep the costs down and the incentives properly aligned, the principal payments that are deductible must be properly defined.
However, at the end of March, 2018 the project will need to make principal payments to bank lenders that were postponed under a November 2017 Forbearance Agreement.
Principal payments are based on a 25-year amortization schedule.
HOME LOAN PRINCIPAL REPAYMENT Home loan principal payments are deducted from taxable income up to ` 1.5 lakh under Section 80C of the Income Tax Act.