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Glossary   >   P   >   "Principal" Definition            Principal (1) The total amount of money being borrowed or lent. (2) The party affected by agent decisions in a principal-agent relationship. 1. The amount borrowed or the amount still owed on a loan, separate from interest. A person or company for whom an agent acts.The face value of a debt instrument such as a bond or a note. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Principal - (1) The total amount of money being borrowed or lent. (2) The party affected by agent decisions in a principal-agent relationship.

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

A person or company for whom an agent acts.The face value of a debt instrument such as a bond or a note.