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.
|||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".
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