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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Principal

Definition:

The guy at the school who yells a lot if you get sent there. Also the one who acts on behalf of the firm.

Principal

Definition:

The original amount of money you put down for a deposit or investment. We aren't talking about Mrs. Lipschitz, your school principal, unless you used her for an investment. Which would be weird.

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