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 ?
In the first round of interviews six women (three women who sought but did not obtain principalship and three women who obtained principalship) were interviewed.
Gooden is an associate professor and director of the Principalship Program in the Department of Educational Administration of the College of Education at the University of Texas at Austin, Austin, Texas.
Units for technical counseling and support should be established within the body of National Education Principalship in provinces for the supply of equipment and software for schools.
In the year since Smith assumed the principalship, reading scores had improved.
Many of the duties associated with the principalship were identified as satisfying.
A principal who cannot cope effectively with the range of strangely diversified demands described here would be ill-suited to the principalship (pp.
He expressed the hope that PGMI and LGH would further expand their services under the dynamic principalship of Prof.
For about a decade, we have been involved in research focusing on principalship with the general aim of analysing ways in which principals can work more effectively within the realities of schools as complex organisations.
In 1997 he was promoted to vice-principal and in 2000 accepted the principalship.
Specifically, it endeavored to probe the religious dimension of leadership in Catholic schools and the critical role principals, as positional leaders, play in embracing and creatively rebuilding the Catholic vision of life, given that the Catholic school principalship is now a ministry of the laity.
Public schools privilege males through power in leadership positions such as the principalship (Blackmore and Kenway 1993; Chase 1995; Clement 1980; Hall 1999; Hanson and Tyack 1981; Shakeshaft 1989).
In a 2007 edition of the NCPEA Yearbook, Zigler and Allen allude to the principalship and its associated training as being at a "tipping point," a reference to Malcom Gladwell's (2000) book, The Tipping Point: How Little Things Can Make a Difference (Zigler & Allen, 2007).