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 ?
Are the competencies identified by this framework useful in acculturating former public school principals to the unique job demands of the Catholic school principalship? Can this framework identify critical experiences required for these individuals to successfully transition to the Catholic school setting?
As Starr and White (2008) found, "workload proliferation, educational equity issues, the re-defined principalship, escalating role multiplicity, and school survival" (p.
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.
The contemporary rural principalship. Education Research and Perspectives, 22(1), 66-79.
For the three participants in this study who were appointed to their first principalship in the Yukon, power and control appear to be the primary foci when newly entering the position.
* 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.
It was helping to shape policy, placing principalship at the center of the reform agenda.
Making Sense of Leading Schools: A Study of the School Principalship. Seattle, WA: Center on Reinventing Public Education.
Daresh provides an historical overview of the tasks and expectations of the role of the campus administrator--from school principals as principal teachers through principals as instructional, political, and cultural leaders--as a conceptual frame for understanding the nature of changing perceptions (both among educators and within society in general) regarding the rise in complexity of the school principalship. This rise in complexity has now included the current widely held belief that principals in schools must also be technology leaders.
Just as the first round objects were enlarging to light green, he accepted a cabled offer to take a principalship again back in Vermont.
Prior to that he was assigned to a K-6 principalship also in Little Falls.