Principal: Difference between revisions
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The concepts of 'principal' above, should not be confused with ''principle'', which is different. | The concepts of 'principal' above, should not be confused with ''[[principle]]'', which is different. | ||
Revision as of 12:58, 5 July 2022
1. Agency - law.
In agency law, an individual or other legal person represented by an agent.
2. Law - legal persons.
In law, a legal person acting on their own behalf.
3. Investment and borrowing.
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. Financial instruments - cashflows.
The reference amount of a traded financial instrument, used to determine its future cashflows.
5. Importance - scale.
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
- Coupon rate
- Dual currency bond
- Endowment
- Employee
- Employer
- Foreign currency bond
- Forward forward contract
- Instalment
- Interest
- Mortgage
- Non-performing loan
- Notional principal
- Paying agent
- Point
- Principal employer
- Principal risk
- Principal value
- Principal write down
- Principle
- Security
- Self-financing loan
- Separate personality principle
- Terminal value
