MT942 and Principal: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
(Add disambiguation from 'principle' and link with Arm's length principle and Separate personality principle pages.)
 
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''SWIFT.''
1.  


An MT942 (or MT 942) is a standard structured SWIFT message.  
An individual or other legal person represented by an agent.


It is an intraday bank statement file which details all entries booked to bank account.


2.


==See also==
A legal person acting on their own behalf.
*[[MT102]]
*[[MT940]]
*[[SEPA]]
*[[Society for Worldwide Interbank Financial Telecommunications]] (SWIFT)
*[[XML]]


[[Category:Cash_management]]
 
[[Category:Technology]]
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.
 
 
== See also ==
* [[Acceleration]]
* [[Agency]]
* [[Agent]]
* [[Arm’s length principle]]
* [[Coupon rate]]
* [[Dual currency bond]]
* [[Foreign currency bond]]
* [[Forward forward contract]]
* [[Non-performing loan]]
* [[Paying agent]]
* [[Point]]
* [[Self-financing loan]]
* [[Separate personality principle]]
* [[Annuity factor]]
* [[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.


See also