Definition:Principal (Economics)
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This page is about principal in the context of economics. For other uses, see principal.
Definition
Principal is defined as a quantity of money that is either borrowed or invested.
Also see
Linguistic Note
The word principal is (except in the context of economics) an adjective which means main.
Do not confuse with the word principle, which is a noun.
Sources
- 1998: David Nelson: The Penguin Dictionary of Mathematics (2nd ed.) ... (previous) ... (next): interest
- 2008: David Nelson: The Penguin Dictionary of Mathematics (4th ed.) ... (previous) ... (next): interest