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.

IRS expands the scope of tax-free treatment in reorganizations

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.

Inflation-indexed debt instruments

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.

Conceptus Closes $75 Million Offering of Convertible Senior Notes

5 million principal amount of additional 2011 notes and up to $22.

Priceline.com Announces Proposed $300 Million Private Offering of Convertible Senior Notes

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.

Buffets Holdings, Inc. and Buffets, Inc. Announce Tender Offers and Consent Solicitations

6233 shares of common stock per $1,000 principal amount of the 2011 notes, representing a conversion price of approximately $28.

AmeriCredit Prices $500 Million Convertible Senior Notes; Company to Repurchase Approx. $254 Million of Common Stock

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 PMI Group, Inc. Announces Preliminary Final Results of Exchange Offer for 2.50% Senior Convertible Debentures due 2021

1 billion principal amount of currently outstanding CCH II notes.

Charter Communications Announces Exchange Offer for up to $450 Million Principal Amount of 5.875% Convertible Senior Notes Due 2009

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.

CSK Auto Announces Final Results of Tender Offer for 7% Senior Subordinated Notes and Extension of Tender Offer for 4 5/8% Senior Exchangeable Notes

Nasdaq:AMKR) today announced that it has closed an offering of $400 million aggregate principal amount of its 9.

Amkor Closes Offering of 9.25% Senior Notes Due 2016 and Associated Tender Offer for 9.25% Senior Notes Due 2008; Also Closes Offering of 2.50% Convertible Senior Subordinated Notes Due 2011

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.

Amkor Calls for Redemption of a Portion of Its 10.5% Senior Subordinated Notes Due 2009

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.

Hexion Specialty Chemicals, Inc. Announces Completion of Tender Offers and Consent Solicitations and that it is Calling for Redemption all of its Outstanding 13 1/2% Senior Subordinated Notes and 9 1/2% Senior Second Secured Notes