Difference between revisions of "Principal"
(→Related coursework) |
|||
| Line 5: | Line 5: | ||
According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | ||
:[[Principal]]. The face amount of the note. | :[[Principal]]. The face amount of the note. | ||
| + | According to [[Principles of Economics by Timothy Taylor (3rd edition)]], | ||
| + | :[[Principal]]. The amount of an original financial investment, before any rate of return is paid. | ||
==Related concepts== | ==Related concepts== | ||
| Line 12: | Line 14: | ||
*[[Principles of Accounting]]. | *[[Principles of Accounting]]. | ||
| − | [[Category: International Accounting]][[Category: Articles]] | + | [[Category: International Accounting]][[Category: Economics]][[Category: Articles]] |
Revision as of 18:11, 2 June 2020
Principal is the face amount of the note.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Principal. The face amount of the note.
According to Principles of Economics by Timothy Taylor (3rd edition),
- Principal. The amount of an original financial investment, before any rate of return is paid.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
