Principal

Business / Loan / Principal: In commercial law, the principal is the amount that is received, in the case of a loan, or the amount from which flows the interest.
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Other Words for Principal

Principal Adjective Synonyms: chief, primary, prime, paramount, main, first, foremost, ranking, pre-eminent, predominant, dominant, prevailing, leading, starring
Principal Noun Synonyms: (working) capital, capital funds, resources, investment, backing, (cash) reserve(s), assets, money
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Principal-Agent Relationship

Business / Finance / Principal-Agent Relationship: Occurs when one person, an agent, acts on the behalf of another person, the principal. MORE

Principal Amount

Business / Finance / Principal Amount: The face amount of debt; the amount borrowed or lent. Often called principal. MORE

Remaining Principal Balance

Business / Finance / Remaining Principal Balance: The amount of principal dollars remaining to be paid under a mortgage as of a given time. MORE

Notional Principal Amount

Business / Finance / Notional Principal Amount: In an interest rate swap, the predetermined dollar principal on which the exchanged interest payments are based. MORE

Principal-Only (PO)

Business / Finance / Principal-Only (PO): A mortgage-backed security (MBS) whose holder receives only principal cash flows on the underlying mortgage pool. All the principal distribution due from the underlying collateral pool is paid to the MORE

Annuity Principal

Business / Taxes / Annuity Principal: The annuity principal is the sum of money you use to buy an annuity and the base on which annuity earnings accumulate. If you?€™re buying a deferred annuity, you may make a one-time ?€” or sin MORE