Business / Taxes / Principal: Principal can refer to an amount of money you invest, the face amount of a bond, or the balance you owe on a debt, distinct from the finance charges you pay to borrow. A principal is also a person for whom a broker carries out a trade, or a person who executes a trade on his or her own behalf.
Principal Adjective Synonyms: chief, primary, prime, paramount, main, first, foremost, ranking, pre-eminent, predominant, dominant, prevailing, leading, starring
Principal Noun Synonyms: (working) capital, capital funds, resources, investment, backing, (cash) reserve(s), assets, money
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
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
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
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