单词 | principal |
释义 | principal principal // noun, adjective
■ noun
UNDISCLOSED PRINCIPAL
1 (Finance ) [sing; U] an amount of money that is lent or invested to earn interest: You must make the required interest and principal payments. By paying $100 a month off the principal you can eliminate 67 months of payment.
2 (Law ) [C] a person who is actually making a business deal or taking part in a legal case, rather than a person who is acting on their behalf: The principals will not be present, but their lawyers will be allowed to observe proceedings.
3 [C] an important manager or other person in an organization, who usually has legal responsibility for what the organization does: The company's three principals are women.
■ adjective
1 most important; main: Tourist revenue is now our principal source of wealth. the principal markets for our products One option for the company is going private, with some principal shareholders involved.
2 (Finance ) relating to an original amount of money that is lent or invested, rather than any interest: The total interest is now more than the principal amount. |
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