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.
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.
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