Business / Real Estate / Principal: 1. One of the main parties to a transaction. For example, the buyer and seller are principals in the purchase of real property. 2. In a fiduciary relationship, the person who hires a real estate broker to represent him or her in the sale of property. The phrase, principals only, often found in real estate ads, is meant to exclude real estate agents from contacting the owners of the property.
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
Business / Finance / Remaining Principal Balance: The amount of principal dollars remaining to be paid under a mortgage as of a given time. MORE
Business / Finance / Principal-Agent Relationship: Occurs when one person, an agent, acts on the behalf of another person, the principal. MORE