![]() ![]() The amount of a debt upon which interest is calculated, i.e.The capital or main part of a financial holding, as opposed to the interest or revenue it earns.A person who commits a criminal offence.A person with the main responsibility for an obligation, as opposed to that person’s surety or guarantor.an agent or an attorney is authorised by a principal A person who authorises another to act as a representative, e.g.In the fields of business and law “principal” also has the following meanings: Someone who holds a position of leadership, especially the headmaster/headmistress of a school.These plans aim to empower business owners with a. Principal, on the other hand, can be either used as a noun or an adjective. Principal Financial offers policies that pay a predetermined death benefit if the insured dies within the specified term or number of years. It can be described as a rule or idea in relation to behaviour or how something works. Principle is a noun used to refer to a scientific, moral, or legal rule or standard. Principle vs principal: These two words cause a lot of confusion and it’s well worth spending a few minutes to know the difference between the two. ![]() It can also be used as an adjective to mean most important or primary. The principal reason why we cannot accept his application is because he is not a citizen of an EU member state.Īs a noun, the most common meaning of “principal” is: Principal can be used as a noun to refer to a person in authority, the perpetrator of a crime, or the capital sum of a loan. Her principal area of responsibility is economic policy. It is most commonly used as an adjective, meaning “main” or “most important”: Enrollment and fees 6 per participant, per month recordkeeping fee for each participant with an account balance over 100. “ Principal” can be an adjective and a noun. Websters New World Of, relating to, or being financial. These words are pronounced the same way, but their meanings are different. Principal Definition Highest or among the highest in rank, authority, importance, degree, etc. ![]()
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