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Principal only (PO) |
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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.Principal only (PO) Similar MatchesUndisclosed PrincipalUndisclosed PrincipalA principal whose identity is not revealed by an agent. PrincipalPrincipalA person or company for whom an agent acts.The face value of a debt instrument such as a bond or a note. Additional principal paymentAdditional principal paymentExtra money included in the monthly payment to help reduce the principal and shorten the term of the loan. PrincipalPrincipal(1) The total amount of money being borrowed or lent. (2) The party affected by agent decisions in a principal-agent relationship. Principal stockholderPrincipal stockholderA 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. Further SuggestionsPrincipal agent relationshipPrincipal Principal Principal Value additivity principal Remaining principal balance Principal supplier Principal Exchange Rated Linked Securities (PERLS) Principal amount |
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