Financial Dictionary

This dictionary contains:
24549
financial terms

Principal amount




Principal amount

The face amount of debt; the amount borrowed or lent. Often called principal.

RELATED TERMS
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Debt
Money borrowed.

Principal
The amount of a loan, which the borrower has to pay back when the loan matures; a person who engages a broker to buy and sell for him.



SIMILAR TERMS
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PRINCE Credit Union
PRINCE is a credit union with head office in BROOKLYN, NY

PRINCE GEORGE`S EMPLOYEES Credit Union
PRINCE GEORGE`S EMPLOYEES is a credit union with head office in UPPER MARLBORO, MD

PRINCE HALL OF NEW JERSEY Credit Union
PRINCE HALL OF NEW JERSEY is a credit union with head office in NEWARK, NJ

PRINCETON UNIVERSITY Credit Union
PRINCETON UNIVERSITY is a credit union with head office in PRINCETON, NJ

Principal
The amount of a loan, which the borrower has to pay back when the loan matures; a person who engages a broker to buy and sell for him.

Principal agent relationship
Occurs when one person, an agent, acts on the behalf of another person, the principal.

Principal Exchange Rated Linked Securities (PERLS)
A debt instrument with its principal and interest denominated in U.S. dollars, but with principal repayment depending on the exchange rate of the U.S. dollar against a foreign currency.

Principal finance
Usually refers to the area within an investment bank that deals with high grade fixed income.

Principal Finance Officer
The head of an investment bank's Principal Finance division or a person that overseas the principal finance dealings of a firm.

Principal Financial
Principal Financial is a top United States corporation in the field of diversified financials, and its estimated market value is 11,730 million US dollars.

Principal only (PO)
A mortgage-backed security (MBS) whose holder receives only principal cash flows on the underlying mortgage pool.

Principal orders
A type of order carried out by a broker-dealer which involves the broker-dealer buying or selling for its own account and at its own risk, as opposed to carrying out trades for the brokerage's clients.

Principal protected notes
A fixed-income security that guarantees a minimum return equal to the investor's initial investment (the principal amount).

Principal residence
The primary location that a person inhabits.

Principal stockholder
A stockholder who owns 10% or more of the voting stock of a company.

Principle of diversification
That portfolios of different sorts of assets differently correlated with one another will have negligible unsystematic risk.

Print
Used in the context of general equities. 1) To execute a trade, evidenced by its printing on the ticker tape. 2) A trade.



PREVIOUS AND NEXT TERMS
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Prime rate
The interest rate at which banks lend to their best (prime) customers. More often than not, a bank's most creditworthy customers borrow at rates below the prime rate.

Prime rate fund
A mutual fund that buys portions of corporate loans from banks and pays the interest to shareholders.

Primitive security
An instrument such as a stock or bond for which payments depend only on the financial status of the issuer.

Principal
The amount of a loan, which the borrower has to pay back when the loan matures; a person who engages a broker to buy and sell for him.

Principal agent relationship
Occurs when one person, an agent, acts on the behalf of another person, the principal.

Principal amount

Principal Exchange Rated Linked Securities (PERLS)
A debt instrument with its principal and interest denominated in U.S. dollars, but with principal repayment depending on the exchange rate of the U.S. dollar against a foreign currency.

Principal finance
Usually refers to the area within an investment bank that deals with high grade fixed income.

Principal Finance Officer
The head of an investment bank's Principal Finance division or a person that overseas the principal finance dealings of a firm.

Principal only (PO)
A mortgage-backed security (MBS) whose holder receives only principal cash flows on the underlying mortgage pool.

Principal orders
A type of order carried out by a broker-dealer which involves the broker-dealer buying or selling for its own account and at its own risk, as opposed to carrying out trades for the brokerage's clients.

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This dictionary contains 24549 terms.







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