Principal: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Brianlenoach@hotmail.co.uk (Add the case of a principal who is not represented by an agent.) |
imported>Doug Williamson (Add disambiguation from 'principle' and link with Arm's length principle and Separate personality principle pages.) |
||
| Line 19: | Line 19: | ||
The reference amount of a traded financial instrument, used to determine its future cashflows. | The reference amount of a traded financial instrument, used to determine its future cashflows. | ||
5. | |||
Most important, or largest. | |||
Not to be confused with ''principle'', which is different. | |||
| Line 25: | Line 32: | ||
* [[Agency]] | * [[Agency]] | ||
* [[Agent]] | * [[Agent]] | ||
* [[Arm’s length principle]] | |||
* [[Coupon rate]] | * [[Coupon rate]] | ||
* [[Dual currency bond]] | * [[Dual currency bond]] | ||
| Line 33: | Line 41: | ||
* [[Point]] | * [[Point]] | ||
* [[Self-financing loan]] | * [[Self-financing loan]] | ||
* [[Separate personality principle]] | |||
* [[Annuity factor]] | * [[Annuity factor]] | ||
* [[Instalment]] | * [[Instalment]] | ||
Revision as of 07:20, 14 December 2014
1.
An individual or other legal person represented by an agent.
2.
A legal person acting on their own behalf.
3.
The amount of an investment or a loan, excluding any interest.
When the whole of a loan is drawn down at the start, the principal is simply the amount originally borrowed.
4.
The reference amount of a traded financial instrument, used to determine its future cashflows.
5.
Most important, or largest.
Not to be confused with principle, which is different.
