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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