How to Spell principal
principal
//ˈpɹɪnsəpəl//
principal - noun
- The money originally invested or loaned, on which basis interest and returns are calculated.
- The chief administrator of a school.
- The chief executive and chief academic officer of a university or college.
- A legal person that authorizes another (the agent) to act on their behalf; or on whose behalf an agent or gestor in a negotiorum gestio acts.
Source: Free Dictionary API
"A portion of your mortgage payment goes to reduce the principal, and the rest covers interest."
principal - thesaurus
Synonyms: dean, client, diapason, proprietor, ringleader
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