Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• PRINCIPAL FINANCE - Usually refers to the area within an investment bank that deals with high grade fix...
  
  
• PRINCIPAL FINANCE OFFICER - The head of an investment bank's Principal Finance division or a person tha...
  
  
• PRINCIPAL LIMIT - The present value of a house, given the elderly owner's right to live there until dea...
  
  
• PRINCIPAL MERIDIAN - The main imaginary line running north and south and crossing a base line at a defi...
  
  
• PRINCIPAL OFFICE - see home office.
  
  
• PRINCIPAL ONLY (PO) - see stripped mortgage-backed securities.
  
  
• PRINCIPAL ORDERS - Refers to activity by a broker/dealer when buying or selling for its own account and...
  
  
• PRINCIPAL PAYMENT - A payment applied entirely to the principal balance of the loan; formerly called 'c...
  
  
• PRINCIPAL PAYMENTS - The face amount or par value of a debt instrument where interest is paid. The inte...
  
  
• PRINCIPAL RESIDENCE - The dwelling in which a person resides for the majority of the time.