Principal: Difference between revisions
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imported>Doug Williamson (Spacing.) |
imported>Doug Williamson (Link with Endowment page.) |
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* [[Coupon rate]] | * [[Coupon rate]] | ||
* [[Dual currency bond]] | * [[Dual currency bond]] | ||
* [[Endowment]] | |||
* [[Foreign currency bond]] | * [[Foreign currency bond]] | ||
* [[Forward forward contract]] | * [[Forward forward contract]] | ||
Revision as of 05:53, 22 August 2017
- In agency law, an individual or other legal person represented by an agent.
- In law, a legal person acting on their own behalf.
- 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.
- The reference amount of a traded financial instrument, used to determine its future cashflows.
- Most important, or largest.
The concepts of 'principal' above, should not be confused with principle, which is different.
