Phrases with «principal amount»

The term "principal amount" refers to the original sum of money that is borrowed or invested, without considering any interest or additional fees. It is the initial or starting amount that is involved in a financial transaction. Full definition

Related phrases

Sentences with «principal amount»

  • That means any accrued interest during those months you are not making payments is added to the original principal amount of your loan. (u-fi.com)
  • All investments involve risk, including loss of principal amount invested. (us.etrade.com)
  • This «gap coverage» will cover the unpaid principal amount owed on your lease or loan. (acuity.com)
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