Principal
From ACT Wiki
1. An individual or other legal person represented by an agent.
2. The amount of an investment or a loan, excluding any interest.
3. The reference amount of a traded financial instrument, used to determine its future cashflows.
See also
- Acceleration
- Agency
- Agent
- Coupon rate
- Dual currency bond
- Foreign currency bond
- Forward forward contract
- Non-performing loan
- Paying agent
- Point
- Self-financing loan