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- DictionaryPrin·ci·pal/ˈprinsəp(ə)l/
adjective
- 1. first in order of importance; main: "the country's principal cities"
- 2. (of money) denoting an original sum invested or lent: "the principal amount of your investment"
noun
- 1. the person with the highest authority or most important position in an organization, institution, or group: "a design consultancy whose principal is based in San Francisco"
- 2. a sum of money lent or invested, on which interest is paid: "the winners are paid from the interest without even touching the principal"
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Principal definition: first or highest in rank, importance, value, etc.; chief; foremost. See examples of PRINCIPAL used in a sentence.
From Longman Business Dictionary prin‧ci‧pal1 /ˈprɪnsəpəl/ noun 1 [ singular] the original amount of a loan, not including any of the interest that is paid The loan amounts outstanding totaled about $32.2 million in principal and $2.2 million in interest.
1 day ago · 1. first in importance, rank, value, etc; chief. 2. denoting or relating to capital or property as opposed to interest, etc. noun. 3. a person who is first in importance or directs some event, action, organization, etc. 4. (in Britain) a civil servant of an executive grade who is in charge of a section.
Definition of principal noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
a sum of money, not counting interest or profit on it: [ uncountable] trying to pay off at least part of the principal. [ countable * usually singular] a principal of about $20,000. [ countable] each of the competitors or participants in a contest, as distinguished from their supporters. See -prim-.
Understand the Legal Definition of Principal - Learn about the different meanings of principal in business and law. Discover how it relates to debt, the importance of clear objectives, and building trust in relationships.
Define Principal. A principal is the individual or entity that is represented by an agent or intermediary. In the business world, a principal can refer to a company or organization that hires an agent to act on its behalf in a particular transaction or deal.