Glossary
Principal
The original amount, before any interest
Principal is the original sum, excluding interest, that you invest or borrow. In investing it's the money you put in; in a loan it's the base amount you must repay.
Glossary
The original amount, before any interest
Principal is the original sum, excluding interest, that you invest or borrow. In investing it's the money you put in; in a loan it's the base amount you must repay.