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 - 1. One of the main parties to a transaction. For example, the buyer and seller are principa...
  
  
• PRINCIPAL AMOUNT - The face amount of debt; the amount borrowed or lent. Often called principal.
  
  
• PRINCIPAL AND INTEREST - Two components of a monthly mortgage payment. Principal refers to the portion ...
  
  
• PRINCIPAL AND INTEREST (PI) - A portion of the monthly payment that is applied toward the loan balance ...
  
  
• PRINCIPAL AND INTEREST LOAN - The principal and interest loan is the most common form of housing loan. ...
  
  
• PRINCIPAL AND INTEREST PAYMENT (P&I) - A blended, periodic payment that is enough to pay off accumulate...
  
  
• PRINCIPAL BALANCE - The outstanding balance of principal on a mortgage. The principal balance does not ...
  
  
• PRINCIPAL BASIS - the sale of securities through a dealer or group of dealers who buy and sell the secu...
  
  
• PRINCIPAL BROKER - The head of a real estate brokerage, licensed as a broker, who is responsible for al...
  
  
• PRINCIPAL EXCHANGE-RATED-LINKED SECURITIES (PERLS) - A debt instrument with its principal and interest ...