Principal

Business / Finance / Principal: (1) The total amount of money being borrowed or lent. (2) The party affected by agent decisions in a principal-agent relationship.

Other Words for Principal

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

Principal-Agent Relationship

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

Principal Exchange-Rated-Linked Securities (PERLS)

Business / Finance / 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. 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

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

Links
Home
Glossary
Thesaurus