Advertising

Principal amount

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

• This is the face value of the debt or the original amount borrowed. For most corporate bonds, the face value of the bonds are in $1,000.

 
 Embedded terms in definition
 Corporate bonds
Corporate bond
Debt
Face value
Principal
 
 Related Terms
 

<< Principal agent relationship Principal collateralization bonds >>

What to Know Before Declaring Your Financial Independence: Twenty-somethings may not realize it, but every time they enter a new phase of their life as young adults - perhaps starting college, a career or a family - they're also venturing into a new world of money management. Here are ways to be prepared. More...

Never, never, never give up. - Winston Churchill, Sir (1874-1965)

Advertising



Copyright 2009-2018 GVC. All rights reserved.