Principal: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Brianlenoach@hotmail.co.uk
(Add the case of a principal who is not represented by an agent.)
imported>Doug Williamson
(Add disambiguation from 'principle' and link with Arm's length principle and Separate personality principle pages.)
Line 19: Line 19:


The reference amount of a traded financial instrument, used to determine its future cashflows.
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.




Line 25: Line 32:
* [[Agency]]
* [[Agency]]
* [[Agent]]
* [[Agent]]
* [[Arm’s length principle]]
* [[Coupon rate]]
* [[Coupon rate]]
* [[Dual currency bond]]
* [[Dual currency bond]]
Line 33: Line 41:
* [[Point]]
* [[Point]]
* [[Self-financing loan]]
* [[Self-financing loan]]
* [[Separate personality principle]]
* [[Annuity factor]]
* [[Annuity factor]]
* [[Instalment]]
* [[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