principal
Definition 1
The amount borrowed, or the part of the amount borrowed which remains unpaid (excluding interest). here also called principal amount.
Definition 2
The part of a monthly payment that reduces the outstanding balance of a mortgage.
Definition 3
The original investment.
Definition 4
The entity on whose behalf an agent acts.
Definition 5
The role a broker/dealer plays when buying or selling securities for its own account.
Definition 6
An important company executive.
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Related Terms
additional principal payment, amortization, defensive investment strategy, face value, half-life, loan, debt, mortgage, open-end mortgage, original principal balance, PITI, simple interest, single-payment loan, registered options principal
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