Definition
The Principal refers to the original sum of money borrowed in a loan, or the amount of the investment that is not subject to interest.
Usage and Context
The principal is the original sum of money borrowed or invested.
Frequently asked questions
What is the principal in a loan?
The principal is the original sum of money borrowed in a loan, excluding interest.
What is the original principal of a loan?
The original principal of a loan is the initial sum of money borrowed, excluding interest.
What is the principal in money terms?
The principal in money terms is the original amount of money borrowed or invested, excluding interest or profits.
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Benefits
Principal refers to the original sum of money borrowed in a loan or invested, excluding interest or profits.
Conclusion
Principal refers to the original sum of money borrowed or invested.
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