PrinciPLEs are rules or standards and they cannot be your pal. You can remember the differences between these two words by remembering that princiPALs are people and they are your pals. Principle is only a noun and refers to a natural, moral, legal rule or standard. The Cost-Benefit principle focuses on the benefits which the receiver should get from a given activity. Financial Definition of Value additivity principal and related terms: Prevails when the value of a whole group of assets exactly equals the sum of the val. Browse the use examples 'principal components' in the great English corpus. Cost Benefit Principle is an accounting concept that states that the benefits of an accounting system that help produce financial reports and statements should always outweight its associated costs. the major party to a financial transaction at a stock exchange buys and sells for his own account. What does Principal mean Information and translations of Principal in the most comprehensive dictionary definitions resource on the web.
Check out the pronunciation, synonyms and grammar. Definition of Principal in the dictionary. Principal is a noun and adjective with specialized meanings in finance and law but most commonly used to refer to someone in a position of authority or high prominence. Learn the definition of 'principal components'. These two words have very different meanings, so when selecting principle or principal to include in your sentence, be sure it’s the correct choice. You can also remember the mnemonic, “The principal has his principles.”Īnother good mnemonic is, “The principal rule is that you stand by your principles and next to your principal.” A truth or standard cannot be your “pal.” Principal (finance) or principal sum, the original amount of a debt or investment on which interest is calculated Principal (bond), the face value of a bond Principal Financial Group, a life insurance company Other uses. Someone who is a “princi-P-A-L” should be looked at as your “pal.” Only people can be “pals” and principal refers to people, whereas “princi-P-L-E” refers to truths, rules, or standards. Remember the DifferenceĪ great way to remember the differences between principle versus principal is found in the last three letters of each word. As a matter of principle, I must take a stand.Īll three of these popular phrases use the word “principle” exclusively.There are a few popular phrases that use the word “principle,” so while using these phrases, be sure not to accidentally use “principal.” Generally, any payment made on an auto loan will be applied first to any fees that are due (for example, late fees). Interest is the cost of borrowing the principal.
The principle of free speech is something that Americans take for granted. Principal is the money that you originally agreed to pay back.