Principal amount


 

Home
Site Map
Add Term
Search
About Us
Contributors

Principal amount

The face amount of debt; the amount borrowed or lent. Often called principal.



Principal amount

Similar Matches

Remaining principal balance

Remaining principal balance

The amount of principal dollars remaining to be paid under a mortgage as of a given time.


Principal

Principal

A person or company for whom an agent acts.The face value of a debt instrument such as a bond or a note.


Principal only (PO)

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 registered holder of the stripped MBS on the basis of the current face value of the underlying collateral pool.


Additional principal payment

Additional principal payment

Extra money included in the monthly payment to help reduce the principal and shorten the term of the loan.


Undisclosed Principal

Undisclosed Principal

A principal whose identity is not revealed by an agent.


Further Suggestions

Principal
Value additivity principal
Principal stockholder
Principal
Principal supplier
Principal Exchange Rated Linked Securities (PERLS)
Principal
Principal
Principal agent relationship


 
All rights Reserved. Do not copy without permission.