principal
adj. chief, head, leading; primary, main, major; first in rank, of the highest importance or priority n. school director, school master; capital sum (Finance) | ||||
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Principal definition was found in categories: Business & Finance(6) Language, Idioms & Slang(6) Law(2) Arts & Humanities(1) Computer & Internet(3) Encyclopedia(1)
Principal Definition from Business & Finance Dictionaries & Glossaries
| Campbell R. Harvey's Hypertextual Finance Glossary |
Principal
(1) The total amount of money being borrowed or lent. (2) The party affected by agent decisions in a principal-agent relationship.
(1) The total amount of money being borrowed or lent. (2) The party affected by agent decisions in a principal-agent relationship.
| BASSAM Trade, Real Estate, Mortgage, Fund,Invest, Insurance,& Tax,Terms/abbreviations/defin. |
PRINCIPAL
Amount of debt, not including interest. The face value of a note, mortgage, etc.
See PRINCIPAL MERIDIAN
The face amount of a bond.
The amount of money (exclusive of interest) paid or received when a bond is traded.
The original amount or face value of a investment, typically bonds and CDs, on which interest is owned or earned. Interest is paid based on a percent of the principal (a stated interest or coupon rate). At maturity, the entire principal is returned to investor; however its purchasing value may be diminished by inflation.
Amount of debt, not including interest. The face value of a note, mortgage, etc.
See PRINCIPAL MERIDIAN
The face amount of a bond.
The amount of money (exclusive of interest) paid or received when a bond is traded.
The original amount or face value of a investment, typically bonds and CDs, on which interest is owned or earned. Interest is paid based on a percent of the principal (a stated interest or coupon rate). At maturity, the entire principal is returned to investor; however its purchasing value may be diminished by inflation.
| UNODC Money-Laundering Terms |
Settlor
The original owner of the assets that are being placed in trust, i.e., the person who creates the trust. The settlor can be either an individual or a legal entity.
The original owner of the assets that are being placed in trust, i.e., the person who creates the trust. The settlor can be either an individual or a legal entity.
| Mutual Fund Glossary |
Principal
Original investment.
Original investment.
| Debt Busters |
Principal
The basic element of the loan as distinguished from interest and mortgage insurance premium. In other words, principal is the amount upon which interest is paid.
The basic element of the loan as distinguished from interest and mortgage insurance premium. In other words, principal is the amount upon which interest is paid.
| Bond Professor's Glossary |
Principal
The face amount or par value of a bond. The principal amount of a trade is the par value of one bond times the number of bonds involved in the trade.
The face amount or par value of a bond. The principal amount of a trade is the par value of one bond times the number of bonds involved in the trade.
Principal Definition from Language, Idioms & Slang Dictionaries & Glossaries
| Webster's Revised Unabridged Dictionary (1913) |
Principal
(n.)
The first two long feathers of a hawk's wing.
(n.)
The construction which gives shape and strength to a roof, -- generally a truss of timber or iron, but there are roofs with stone principals. Also, loosely, the most important member of a piece of framing.
(n.)
The chief actor in a crime, or an abettor who is present at it, -- as distinguished from an accessory.
(n.)
One who employs another to act for him, -- as distinguished from an agent.
(n.)
One of turrets or pinnacles of waxwork and tapers with which the posts and center of a funeral hearse were formerly crowned.
(n.)
In English organs the chief open metallic stop, an octave above the open diapason. On the manual it is four feet long, on the pedal eight feet. In Germany this term corresponds to the English open diapason.
(n.)
A thing of chief or prime importance; something fundamental or especially conspicuous.
(n.)
A principal or essential point or rule; a principle.
(n.)
A leader, chief, or head; one who takes the lead; one who acts independently, or who has controlling authority or influence; as, the principal of a faction, a school, a firm, etc.; -- distinguished from a subordinate, abettor, auxiliary, or assistant.
(n.)
A heirloom; a mortuary.
(n.)
A chief obligor, promisor, or debtor, -- as distinguished from a surety.
(n.)
A capital sum of money, placed out at interest, due as a debt or used as a fund; -- so called in distinction from interest or profit.
(a.)
Of or pertaining to a prince; princely.
(a.)
Highest in rank, authority, character, importance, or degree; most considerable or important; chief; main; as, the principal officers of a Government; the principal men of a state; the principal productions of a country; the principal arguments in a case.
(n.)
The first two long feathers of a hawk's wing.
(n.)
The construction which gives shape and strength to a roof, -- generally a truss of timber or iron, but there are roofs with stone principals. Also, loosely, the most important member of a piece of framing.
(n.)
The chief actor in a crime, or an abettor who is present at it, -- as distinguished from an accessory.
(n.)
One who employs another to act for him, -- as distinguished from an agent.
(n.)
One of turrets or pinnacles of waxwork and tapers with which the posts and center of a funeral hearse were formerly crowned.
(n.)
In English organs the chief open metallic stop, an octave above the open diapason. On the manual it is four feet long, on the pedal eight feet. In Germany this term corresponds to the English open diapason.
(n.)
A thing of chief or prime importance; something fundamental or especially conspicuous.
(n.)
A principal or essential point or rule; a principle.
(n.)
A leader, chief, or head; one who takes the lead; one who acts independently, or who has controlling authority or influence; as, the principal of a faction, a school, a firm, etc.; -- distinguished from a subordinate, abettor, auxiliary, or assistant.
(n.)
A heirloom; a mortuary.
(n.)
A chief obligor, promisor, or debtor, -- as distinguished from a surety.
(n.)
A capital sum of money, placed out at interest, due as a debt or used as a fund; -- so called in distinction from interest or profit.
(a.)
Of or pertaining to a prince; princely.
(a.)
Highest in rank, authority, character, importance, or degree; most considerable or important; chief; main; as, the principal officers of a Government; the principal men of a state; the principal productions of a country; the principal arguments in a case.
| WordNet 2.0 |
principal
Noun
1. the original amount of a debt on which interest is calculated
(hypernym) debt
(part-holonym) loan
2. the educator who has executive authority for a school; "she sent unruly pupils to see the principal"
(synonym) school principal, head teacher, head
(hypernym) educator, pedagogue
(hyponym) chancellor
3. an actor who plays a principal role
(synonym) star, lead
(hypernym) actor, histrion, player, thespian, role player
(hyponym) co-star
4. capital as contrasted with the income derived from it
(synonym) corpus, principal sum
(hypernym) capital
5. the major party to a financial transaction at a stock exchange; buys and sells for his own account
(synonym) dealer
(hypernym) financier, moneyman
(hyponym) broker-dealer
Adjective
1. most important element; "the chief aim of living"; "the main doors were of solid glass"; "the principal rivers of America"; "the principal example"; "policemen were primary targets"
(synonym) chief(a), main(a), primary(a), principal(a)
(similar) important, of import
Noun
1. the original amount of a debt on which interest is calculated
(hypernym) debt
(part-holonym) loan
2. the educator who has executive authority for a school; "she sent unruly pupils to see the principal"
(synonym) school principal, head teacher, head
(hypernym) educator, pedagogue
(hyponym) chancellor
3. an actor who plays a principal role
(synonym) star, lead
(hypernym) actor, histrion, player, thespian, role player
(hyponym) co-star
4. capital as contrasted with the income derived from it
(synonym) corpus, principal sum
(hypernym) capital
5. the major party to a financial transaction at a stock exchange; buys and sells for his own account
(synonym) dealer
(hypernym) financier, moneyman
(hyponym) broker-dealer
Adjective
1. most important element; "the chief aim of living"; "the main doors were of solid glass"; "the principal rivers of America"; "the principal example"; "policemen were primary targets"
(synonym) chief(a), main(a), primary(a), principal(a)
(similar) important, of import
| Australian Slang |
KISS principal
very simplistic method of explaining, teaching, etc. (acronym formed from the phrase “Keep It Simple, Stupid”)
very simplistic method of explaining, teaching, etc. (acronym formed from the phrase “Keep It Simple, Stupid”)
| hEnglish - advanced version |
principal
principal or solar
principal challenge
principal sum
principal ray
principal investigator
principal axis
principal type
principal point
principal section
principal axes of a quadric
principal of a quadric
school principal
principal plane
principal or solar
principal challenge
principal sum
principal ray
principal investigator
principal axis
principal type
principal point
principal section
principal axes of a quadric
principal of a quadric
school principal
principal plane
| for Vocabulary Exams of KPDS, YDS,UDS (in Turkey); and SAT in America |
principal
Most important.
Most important.
| JM Welsh <=> English Dictionary |
Arbenig
Arbenig = principal; excellent; peculiar
Arbenig = principal; excellent; peculiar
Arbenog
Arbenog = a. principal, supreme
Arch
Arch = n. a request, a petition, a demand, n. a trunk, or chest, a. chief, topmost, principal
Cynhefig
Cynhefig = a. principal
Cynhefyg
Cynhefyg = n. principal
Cyniad
Cyniad = n. principal
Penaeth
Penaeth = n. supremacy, a principal
Peniadur
Peniadur = n. a principal; a top
Penol
Penol = a. capital, principal
Prif
Prif = a. prime, principal, chief
Principal Definition from Law Dictionaries & Glossaries
| The 'Lectric Law Library |
Principal
Whoever commits an offense or aids, abets, counsels, commands, induces or procures its commission, is punishable as a principal; Whoever willfully causes an act to be done which if directly performed by him or another would be an offense against the U.S., is punishable as a principal. (2) A person who designates another to act as their attorney in fact or agent.
This word has several meanings. It is used in opposition to accessary, to show the degree of crime committed by two persons; thus, we say, the principal is more guilty than the accessary after the fact.
In estates, principal is used as opposed to incident or accessory; as in the following rule: "the incident shall pass by the grant of the principal, but not the principal by the grant of the incident. Accessorium non ducit, sed sequitur suum principale."
It is used in opposition to agent, and in this sense it signifies that the principal is the prime mover.
It is used in opposition to interest; as, the principal being secured tho interest will follow.
It is used also in opposition to surety; thus, we say the principal is answerable before the surety.
Principal is used also to denote the more important; as, the principal person.
In the English law, the chief person in some inns of chancery is called principal of the house. Principal is also used to designate the best of many things as, the best bed, the best table, and the like.
contracts. One who, being competent to contract, and who is sui juris, employs another to do any act for his own benefit, or on his own account.
As a general rule, it may be said, that every person, sui juris, is capable of being a principal, for in all cases where a man has power as owner, or in his own right to do anything, he may do it by another.
Married women, and persons who are deprived of understanding, as idiots, lunatics, and others, not sui juris, are wholly incapable of entering into any contract, and, consequently, cannot appoint an agent. Infants and married women are generally, incapable but, under special circumstances, they may make such appointments. For instance, an infant may make an attorney, when it is for his benefit; but lie cannot enter into any contract which is to Iiis prejudice. A married woman cannot, in general, appoint an agent or attorney, and when it is requisite that one should be appointed, the hushand generally appoints for both. Perhaps for her separate property she may, with her hushand, appoint an agent or attorney but this seems to be doubted.
A principal has rights which he can enforce, and is liable to obligations which he must perform. These will be briefly considered: 1. The rights to which principals are entitled arise from obligations due to them by their agents, or by third persons.
The rights against their agents, are, 1. To call them to an account at all times, in relation to the business of their agency. 2. When the agent violates his obligations to his principal, either by exceeding his authority, or by positive misconduct, or by mere negligence or omissions in the discharge of the functions of his agency, or in any other manner, and any loss or damage falls on his principal, the latter will be entitled to full indemnity. 3. The principal has a right to supersede his agent, where each may maintain a suit against a third person, by suing in his own name; and he may, by his own intervention, intercept, suspend, or extinguish the right of the agent under the contract.
The principal's rights against third persons. 1. When a contract is made by the agent with a third person in the name of his principal, the latter may enforce it by action. But to this rule there are some exceptions 1st. When the instrument is under seal, and it has been exclusively made between the agent and the third person; as, for example, a charter party or bottomry bond iii this case the principal cannot sue on it. When an exclusive credit is given to and by the agent, and therefore the principal cannot be considered in any manner a party to the contract, although he may have authorized it, and be entitled to all the benefits arising from it. The case of a foreign factor, buying or selling goods, is an example of this kind: he is treated as between himself and the other party, as the sole contractor, and the real principal cannot sue or be sued on the contract. This, it has been well observed, is a general rule of commercial law, founded upon the known usage of trade; and it is strictly adhered to for the safety and convenience of foreign commerce. When the agent, has a lien or claim upon the property bought or sold, or upon its proceeds, when it equals or exceeds the amount of its value.
But contracts are not unfrequently made without mentioning the name of the principal; in such case he may avail himself of the agreement, for the contract will be treated as that of the principal, as well as of the agent. Third persons are also liable to the principal for any tort or injury done to his property or rights in the course of the agency.
The liabilities of the principal are either to his agent or to third persons.
The liabilities of the principal to his agent, are, 1. To reimburse him all expenses he may have lawfully incurred about the agency. To pay him his commissions as agreed upon, or according to the usage of trade, except in cases of gratuitous agency. 3. To indemnify the agent when he has sustained damages in consequence of the principal's conduct for example, when the agent has innocently sold the goods of a third person, under the direction or authority of his principal, and a third person recovers damages against the agent, the latter will be entitled to reimbursement from the principal.
The liabilities of the principal to third persons, are, 1. To fulfii all the engagements made by the agent, for or in the name of the principal, and which come within the scope of his authority.
When a man stands by and permits another to do an act in his name, his authority will be presumed.
The principal is liable to third persons for the misfeasance, negligence, or omission of duty of his agent; but he has a remedy over against the agent, when the injury has occurred in consequence of his misconduct or culpable neglect but the principal is not liable for torts committed by the agent without authority. A principal is also liable for the misconduct of a sub-agent, when retained by his direction, either express or implied.
The general, rule, that a principal cannot be charged with injuries committed by his agent without his assent, admits of one exception, for reasons of policy. A sheriff is liable, even under a penal statute, for all injurious acts, wilful or negligent, done by his appointed officers, colore officii, when charged and deputed by him to execute the law. The sheriff is, therefore, liable where his deputy wrongfully executes a writ or where he takes illegal fees.
But the principal may be liable for his agent's misconduct, when he has agreed, either expressly or by implication, to be so liable.
crim. law. A principal is one who is the actor in the commission of a crime and are of two kinds; namely, 1. Principals in the first degree, are those who have actually with their own hands committed the fact, or have committed it through an innocent agent incapable himself, of doing so; as an example of the latter kind, may be mentioned the case of a person who incites a child wanting discretion, or a person non compos, to the commission of murder, or any other crime, the incitor, though absent, when the crime was committed, is, ex necessitate, liable for the acts of his agent and is a principal in the first degree. It is not requisite that each of the principals should be present at the entire transaction. For example, where several persons agree to forge an instrument, and each performs some part of the forgery in pursuance of the common plan, each is principal in the forgery, although one may be away when it is signed.
Principals in the second degree, are those who were present aiding and abetting the commission of the fact. They are generally termed aiders and abettors, and sometimes, improperly, accomplices. The presence which is required in order to make a man principal in the second degree, need not be a strict actual, immediate presence, such a presence as would make him an eye or ear witness of what passes, but may be a constructive presence. It must be such as may be sufficient to afford aid and assistance to the principal in the first degree. It is evident from the definition that to make a man a principal, he must be an actor in the commission of the crime and, therefore, if a man happen merely to be present when a felony is committed without taking any part in it-or aiding those who do, he will not, for that reason, be considered a principal.
This entry contains material from Bouvier's Legal Dictionary, a work published in the 1850's.
Whoever commits an offense or aids, abets, counsels, commands, induces or procures its commission, is punishable as a principal; Whoever willfully causes an act to be done which if directly performed by him or another would be an offense against the U.S., is punishable as a principal. (2) A person who designates another to act as their attorney in fact or agent.
This word has several meanings. It is used in opposition to accessary, to show the degree of crime committed by two persons; thus, we say, the principal is more guilty than the accessary after the fact.
In estates, principal is used as opposed to incident or accessory; as in the following rule: "the incident shall pass by the grant of the principal, but not the principal by the grant of the incident. Accessorium non ducit, sed sequitur suum principale."
It is used in opposition to agent, and in this sense it signifies that the principal is the prime mover.
It is used in opposition to interest; as, the principal being secured tho interest will follow.
It is used also in opposition to surety; thus, we say the principal is answerable before the surety.
Principal is used also to denote the more important; as, the principal person.
In the English law, the chief person in some inns of chancery is called principal of the house. Principal is also used to designate the best of many things as, the best bed, the best table, and the like.
contracts. One who, being competent to contract, and who is sui juris, employs another to do any act for his own benefit, or on his own account.
As a general rule, it may be said, that every person, sui juris, is capable of being a principal, for in all cases where a man has power as owner, or in his own right to do anything, he may do it by another.
Married women, and persons who are deprived of understanding, as idiots, lunatics, and others, not sui juris, are wholly incapable of entering into any contract, and, consequently, cannot appoint an agent. Infants and married women are generally, incapable but, under special circumstances, they may make such appointments. For instance, an infant may make an attorney, when it is for his benefit; but lie cannot enter into any contract which is to Iiis prejudice. A married woman cannot, in general, appoint an agent or attorney, and when it is requisite that one should be appointed, the hushand generally appoints for both. Perhaps for her separate property she may, with her hushand, appoint an agent or attorney but this seems to be doubted.
A principal has rights which he can enforce, and is liable to obligations which he must perform. These will be briefly considered: 1. The rights to which principals are entitled arise from obligations due to them by their agents, or by third persons.
The rights against their agents, are, 1. To call them to an account at all times, in relation to the business of their agency. 2. When the agent violates his obligations to his principal, either by exceeding his authority, or by positive misconduct, or by mere negligence or omissions in the discharge of the functions of his agency, or in any other manner, and any loss or damage falls on his principal, the latter will be entitled to full indemnity. 3. The principal has a right to supersede his agent, where each may maintain a suit against a third person, by suing in his own name; and he may, by his own intervention, intercept, suspend, or extinguish the right of the agent under the contract.
The principal's rights against third persons. 1. When a contract is made by the agent with a third person in the name of his principal, the latter may enforce it by action. But to this rule there are some exceptions 1st. When the instrument is under seal, and it has been exclusively made between the agent and the third person; as, for example, a charter party or bottomry bond iii this case the principal cannot sue on it. When an exclusive credit is given to and by the agent, and therefore the principal cannot be considered in any manner a party to the contract, although he may have authorized it, and be entitled to all the benefits arising from it. The case of a foreign factor, buying or selling goods, is an example of this kind: he is treated as between himself and the other party, as the sole contractor, and the real principal cannot sue or be sued on the contract. This, it has been well observed, is a general rule of commercial law, founded upon the known usage of trade; and it is strictly adhered to for the safety and convenience of foreign commerce. When the agent, has a lien or claim upon the property bought or sold, or upon its proceeds, when it equals or exceeds the amount of its value.
But contracts are not unfrequently made without mentioning the name of the principal; in such case he may avail himself of the agreement, for the contract will be treated as that of the principal, as well as of the agent. Third persons are also liable to the principal for any tort or injury done to his property or rights in the course of the agency.
The liabilities of the principal are either to his agent or to third persons.
The liabilities of the principal to his agent, are, 1. To reimburse him all expenses he may have lawfully incurred about the agency. To pay him his commissions as agreed upon, or according to the usage of trade, except in cases of gratuitous agency. 3. To indemnify the agent when he has sustained damages in consequence of the principal's conduct for example, when the agent has innocently sold the goods of a third person, under the direction or authority of his principal, and a third person recovers damages against the agent, the latter will be entitled to reimbursement from the principal.
The liabilities of the principal to third persons, are, 1. To fulfii all the engagements made by the agent, for or in the name of the principal, and which come within the scope of his authority.
When a man stands by and permits another to do an act in his name, his authority will be presumed.
The principal is liable to third persons for the misfeasance, negligence, or omission of duty of his agent; but he has a remedy over against the agent, when the injury has occurred in consequence of his misconduct or culpable neglect but the principal is not liable for torts committed by the agent without authority. A principal is also liable for the misconduct of a sub-agent, when retained by his direction, either express or implied.
The general, rule, that a principal cannot be charged with injuries committed by his agent without his assent, admits of one exception, for reasons of policy. A sheriff is liable, even under a penal statute, for all injurious acts, wilful or negligent, done by his appointed officers, colore officii, when charged and deputed by him to execute the law. The sheriff is, therefore, liable where his deputy wrongfully executes a writ or where he takes illegal fees.
But the principal may be liable for his agent's misconduct, when he has agreed, either expressly or by implication, to be so liable.
crim. law. A principal is one who is the actor in the commission of a crime and are of two kinds; namely, 1. Principals in the first degree, are those who have actually with their own hands committed the fact, or have committed it through an innocent agent incapable himself, of doing so; as an example of the latter kind, may be mentioned the case of a person who incites a child wanting discretion, or a person non compos, to the commission of murder, or any other crime, the incitor, though absent, when the crime was committed, is, ex necessitate, liable for the acts of his agent and is a principal in the first degree. It is not requisite that each of the principals should be present at the entire transaction. For example, where several persons agree to forge an instrument, and each performs some part of the forgery in pursuance of the common plan, each is principal in the forgery, although one may be away when it is signed.
Principals in the second degree, are those who were present aiding and abetting the commission of the fact. They are generally termed aiders and abettors, and sometimes, improperly, accomplices. The presence which is required in order to make a man principal in the second degree, need not be a strict actual, immediate presence, such a presence as would make him an eye or ear witness of what passes, but may be a constructive presence. It must be such as may be sufficient to afford aid and assistance to the principal in the first degree. It is evident from the definition that to make a man a principal, he must be an actor in the commission of the crime and, therefore, if a man happen merely to be present when a felony is committed without taking any part in it-or aiding those who do, he will not, for that reason, be considered a principal.
This entry contains material from Bouvier's Legal Dictionary, a work published in the 1850's.
| Duhaime.org Legal Dictionary |
Principal
An agent’s master; the person for whom an agent has received instruction and to whose benefit the agent is expected to perform and make decisions. - (read more on Principal)
An agent’s master; the person for whom an agent has received instruction and to whose benefit the agent is expected to perform and make decisions. - (read more on Principal)
Principal Definition from Arts & Humanities Dictionaries & Glossaries
| English-Latin Online Dictionary |
principal
potissimus
potissimus
Principal Definition from Computer & Internet Dictionaries & Glossaries
| JDK Doc(JAVA) |
Principal
- interface java.security..Principal
public interface Principal
public boolean equals (Object another)
This interface represents the abstract notion of a principal, which can be used to represent any entity, such as an individual, a corporation, and a login id.
- interface java.security..Principal
public interface Principal
public boolean equals (Object another)
This interface represents the abstract notion of a principal, which can be used to represent any entity, such as an individual, a corporation, and a login id.
Principal *2
- class org.omg.CORBA..Principal
public abstract class Principal extends Object
Tree:java.lang.Object - org.omg.CORBA.Principal
| JAVA (2EE-ENglos) ACRONIMS |
| Noman's Java(TM) Glossary |
principal
The identity assigned to an entity as a result of authentication.
The identity assigned to an entity as a result of authentication.
Principal Definition from Encyclopedia Dictionaries & Glossaries
| Wikipedia English - The Free Encyclopedia |
Principal
- Not to be confused with principle.
Education
The head of an educational institution:- Principal (school), head of a primary or secondary school
- Principal (university), chief executive of a university
- Dean (education), a person with significant authority
- Provost (education), chief academic officer of a university
- Chancellor (education), the head of a university
| See more at Wikipedia.org... |