| 单词 | principal |
| 释义 | principal 1) A person or firm employing another to act as their agent. A person using an estate agent to sell a house, for example, is a principal; the estate agent is the agent. The principal-agent problem is concerned with how agents can be induced to act in the interests of their principals rather than their own. 2) The amount lent at the start of a loan. |
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