Definition of Principal
(of money) denoting an original sum invested or lent.
They do this by offering investors a debt security that delivers interest payments and the security of principal repayment.
a main rafter supporting purlins.
The truss principal extends from below the plate to the ridge.
a person for whom another acts as an agent or representative.
No one at the company had asked the First Defendant for any deposit because they were aware he was only acting as agent and the deposit would be provided by his principal .
a sum of money lent or invested on which interest is paid.
The debt-service ratio measures the share of income devoted by households for paying interest and principal on their debt.
an organ stop sounding a main register of open flue pipes typically an octave above the diapason.
The plein jeu together with the 8-ft. principal and 4-ft. prestant, which are also from the old great organ, produce a principal chorus which contrasts remarkably with those in the other divisions of the organ.
Example of Principal
A general obligation bond uses tax revenue to guarantee payment of interest and principal .
As every resident of central Massachusetts would have understood, that road continued to Boston, the capital city and principal port of the state.
Bondholders will also receive a redemption bonus of up to 16 per cent of the principal amount at maturity, depending on the 100 firms' credit performance.
But at the end of the day he wasn't a principal in the administration.
Cash flows at highly leveraged firms tend to be committed to principal and interest payments, and lenders may see the firm as having reached its maximum debt capacity.
Clarence is the ultra-professional second bassoonist, always backing his principal , never complaining, even though he is twice as good a musician.
Corporate bonds usually pay annual interest on the bond and do not repay the principal amount until the bond's maturity.
From 1818 to 1820 he is not listed alone but as a principal in the firm of Munroe and Whiting.
He demonstrated that a person hypothetically could buy a bond and end up repaying the interest and principal through tax payments.
However, the plaintiff was successful on obtaining judgment on the principal amount.