Meaning PRINCIPAL AMOUNT: The face amount of debt; the amount borrowed or lent. Often called principal
More terms such as Principal amount in Dictionary P.
- Definition Previous Balance Method:
- Examples Method of calculating finance charges based on the account balance at the end of the previous month principal amount definition.
- Definition Pure Discount Bond:
- Examples A bond that will make only one payment of principal and interest. Also called a zero-coupon bond or a single-payment bond principal amount explain.
- Definition Par Value:
- Examples Also called the maturity value or face value; the amount that an issuer agrees to pay at the maturity date principal amount what is.
- Definition Property Inventory:
- Examples A list of personal property with corresponding values and initial costs often used to substantiate insurance claim and tax losses principal amount meaning.
- Definition Path-Dependent Option:
- Examples An option whose value depends on the sequence of prices of the underlying asset rather than just the final price of the asset principal amount abbreviation.