Principal

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.

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
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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

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