InvestorWords.com

principal

Definitions (6)

1. The amount borrowed, or the part of the amount borrowed which remains unpaid (excluding interest). here also called principal amount.

2. The part of a monthly payment that reduces the outstanding balance of a mortgage.

3. The original investment.

4. The entity on whose behalf an agent acts.

5. The role a broker/dealer plays when buying or selling securities for its own account.

6. An important company executive.

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