Principal

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Revision as of 07:20, 14 December 2014 by Doug Williamson (Talk | contribs) (Add disambiguation from 'principle' and link with Arm's length principle and Separate personality principle pages.)

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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