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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