principal


Also found in: Dictionary, Thesaurus, Medical, Legal, Acronyms, Encyclopedia, Wikipedia.

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 ?
Principal Global Investors has significant investment capabilities in real estate, equities, fixed income, and multi asset strategies.
Special secretary health says joining of principal put on hold till court disposes of the matter
Federal Directorate of Education (FDE) Director Schools Saqib Shahab, said in line with the vision of Federal Education Minister Shafqat Mehmood to transform Islamabad's educational system into a role model, only a single principal will be deployed in every institution.
Shahid distributed awards among Principals on their outstanding performence in Sindh and Balochistan's region schools, said a statement.
It is also stated in notice that All Principals, Vice principals, Acting Principals, Incharge Progress Section and Co-ordinaries teaching staff will have their regular shares too.
Job descriptions and standards now clearly define the principal's role and must be adequately described for current and prospective candidates.
CIMB and Principal have partnered in the region since 2004 and have successfully grown their operations across Malaysia, Singapore, Indonesia and Thailand.
To ensure that our roughly 150 new principals each year receive the best possible support, the Department of Education assigns them either a fulltime coach, coaching fellow or master principal.
The nursing instructors Anila Akram Rajput, Ashok Kumar Malhi, Fazaldin Sehro, Abdul Rauf Soomro, Najma Jokhio, Rubina, Shaista Ghnai, Shajia Kousar, Surriya Parveen Dayo, Fakhr Un Nisa, Lachman Das Malhi, Nasreen Ramzan, Mai Siani Leghari, Irshad Ahmed, Mehar un Nisa and Jamil Ahmed Khan were appointed as principals and vice principals of nursing institutes.
The St Mary's Lwak Girls' High School principal floored other principals to win the award presented during the Kenya Secondary Schools Heads' Association Conference held in Mombasa in June.
Having joined Principal in 1982, Elming has held several positions in a variety of accounting, tax and finance areas, before being promoted to vice president and controller in 2000 and to his current role in 2011.

Full browser ?