Principal amount


 

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Principal amount

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



Principal amount

Similar Matches

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.


Principal Exchange Rated Linked Securities (PERLS)

Principal Exchange Rated Linked Securities (PERLS)

A debt instrument with its principal and interest denominated in U.S. dollars, but with principal repayment depending on the exchange rate of the U.S. dollar against a foreign currency.


Principal agent relationship

Principal agent relationship

Occurs when one person, an agent, acts on the behalf of another person, the principal.


Principal stockholder

Principal stockholder

A stockholder who owns 10% or more of the voting stock of a company. Such stockholders must report all trading in the stock to the SEC pursuant insider trading rules.


Principal

Principal

The sum of money outstanding upon which interest is payable. Also refers to one who is served by an agent. Private Mortgage Insurance (PMI): Insurance written by a private mortgage insurance company protecting the mortgage lender against loss occasioned by a mortgage default and foreclosure.


Further Suggestions

Remaining principal balance
Principal only (PO)
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Principal
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principal
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