Principal: Difference between revisions
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* [[Instalment]] | * [[Instalment]] | ||
* [[Interest]] | * [[Interest]] | ||
* [[Mortgage]] | |||
* [[Non-performing loan]] | * [[Non-performing loan]] | ||
* [[Paying agent]] | * [[Paying agent]] | ||
* [[Point]] | * [[Point]] | ||
* [[Security]] | |||
* [[Self-financing loan]] | * [[Self-financing loan]] | ||
* [[Separate personality principle]] | * [[Separate personality principle]] | ||
Revision as of 15:22, 10 February 2021
1.
In agency law, an individual or other legal person represented by an agent.
2.
In law, 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.
The concepts of 'principal' above, should not be confused with principle, which is different.
See also
- Acceleration
- Agency
- Agent
- Annuity factor
- Arm’s length principle
- Contractor
- Coupon rate
- Dual currency bond
- Endowment
- Employee
- Employer
- Foreign currency bond
- Forward forward contract
- Instalment
- Interest
- Mortgage
- Non-performing loan
- Paying agent
- Point
- Security
- Self-financing loan
- Separate personality principle
- Terminal value
