principal amount
Definition 1
The amount borrowed (such as the face value of a debt security), or the part of the amount borrowed which remains unpaid (excluding interest), here also called principal.
Definition 2
The part of a monthly payment that reduces the outstanding balance of a mortgage.
Definition 3
The original investment.
Cite this definition
'principal amount
' appears in the definitions of these other terms on BusinessDictionary.com annual percentage rate (APR), corpus, debt service constant, discount loan, extension risk, and
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