Principal: Difference between revisions
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imported>Doug Williamson (Add links.) |
imported>Doug Williamson (Add link.) |
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* [[Arm’s length principle]] | * [[Arm’s length principle]] | ||
* [[Contractor]] | * [[Contractor]] | ||
* [[Coupon]] | |||
* [[Coupon rate]] | * [[Coupon rate]] | ||
* [[Dual currency bond]] | * [[Dual currency bond]] | ||
Revision as of 11:14, 3 November 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
- 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
