Principal
1. The amount borrowed or the amount still owed on a loan, separate from interest.

2. The original amount invested, separate from earnings.

3. The face value of a bond.

4. The owner of a private company.

5. The main party to a transaction, acting as either a buyer or seller for his/her own account and risk.

Investopedia Says:
Be sure to take into account the context in which this term is used, as the exact meaning of the term has many variations.

Also referred to as "corpus".

Related Terms:
Agency Costs
Agent
Attorney In Fact
Bond
Broker-Dealer
Dealer
Default
Face Value
Mortgage Constant

• Captive Finance Company
• Captive Fund
• Caput
• Carbon Credit
• Carbon Trade
• Cardboard Box Index
• Carried Interest
• Carrot Equity
• Carrying Broker
• Carrying Charge
• Carrying Charge Market
• Carrying Cost Of Inventory
• Carrying Value
• Cartel
• Carve-out (Equity Carve-Out)
• Cash
• Cash Account
• Cash Accounting
• Cash Advance
• Cash-And-Carry Trade
• Cash And Cash Equivalents (CCE)
• Cash And Cash Equivalents (CCE)
• Cash Available For Debt Service (CADS)
• Cash Available For Debt Service (CADS)
• Cash Balance Pension Plan