principal balance

(redirected from Principle balance)

principal balance

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

References in periodicals archive ?
This includes answering questions such as, "What is my interest rate?", "How much is my monthly payment?", or "What is my principle balance remaining?"
Participants at the meeting stressed the need to start adopting the principle balance of interests and investing in human capital at the international level.
The residential and commercial portfolios consisted of 231 loans with an outstanding principle balance of EUR40.7 million.
Global Eagle intends to use the proceeds from the investment to repay the full $78 million principle balance of its revolving credit facility.
"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." [GlobeSt]
Endowed chair programs are funded from the interest earned on the principle balance. That is how the program will be sustained for future students in agricultural communications.
The Outlooks of the notional classes X-D and X-E have also been revised to Negative from Stable, as the notional balance of these classes are tied to the outstanding principle balance of classes E and F, respectively.
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 USD27.8b in September.
The fund also assumed an amortising term loan with a current principle balance of approximately USD56.4m and a 5.67% interest rate, scheduled to mature on 1 April 2016.