Principal carries 2 unrelated meanings in business English. All of them are below.
What does Principal mean?
The original sum of money borrowed in a loan or put into an investment, separate from the interest.
Each mortgage payment covers both interest and a portion of the principal.
Principal in German, French, Spanish and Italian
Der ursprüngliche Kreditbetrag ohne Zinsen.
Montant initial d'une dette ou d'un investissement.
Monto original de una deuda o inversión, excluyendo los intereses.
Somma originaria di un debito o di un investimento.
Synonyms and opposites for Principal
- Synonym Face value
- Synonym Capital sum
- Opposite Interest
What does Principal mean?
The person who gives authority to another person (the agent) to act on their behalf.
A principal can be held liable for the actions of their agent if the agent is acting within the scope of their authority.
Principal in German, French, Spanish and Italian
Derjenige, in dessen Namen der Vertreter handelt.
Personne qui donne mandat à une autre pour la représenter.
Persona que otorga facultades de representación a un tercero.
Soggetto che conferisce l'incarico di rappresentanza.
Common phrases with Principal
- held liable principal
- scope of authority principal
- act on behalf of principal
Synonyms and opposites for Principal
- Synonym Client
- Synonym Employer (in agency)
- Opposite Agent
