1 : a person who has controlling authority or is in a leading position: such as. a : a chief or head man or woman. b : the chief executive officer of an educational institution.
Is a person a principle or principal?
Principle vs. Principal. A principle is a rule, a law, a guideline, or a fact. A principal is the headmaster of a school or a person who’s in charge of certain things in a company.
What are the two types of principal?
Principal has an A at the end, and adjective has an A at the beginning . This serves to remind you that principal can function as a noun or an adjective, while principle can only function as a noun.
What is this word principal?
A principal is “ a chief or head, particularly of a school .” Principal can also be used as an adjective meaning “first or highest in rank, importance, or value,” as in The principal objective of this article is to teach you the difference between two words.
Is a principal an important person?
While principal can be a noun or an adjective, principle is a noun. As a noun, principal generally means main or head person, such as the principal of a school. ... Thus, use principal as a noun to refer to important people and as an adjective to signify someone or something important.
How many types of principal are there?
No one really likes to be pigeon-holed but according to research produced by the Centre for High Performance, there are five different “types” of principal: the philosopher, the surgeon, the architect, the soldier and the accountant.
Is it principle or principal on a loan?
(In a loan, the principal is the more substantial part of the money, the interest is—or should be—the lesser.) ... “Principle” is only a noun, and has to do with law or doctrine: “The workers fought hard for the principle of collective bargaining.”
What is an example of a principal?
Principal is someone or something that holds the highest rank, or is a sum of money. An example of principal is the person in charge at a school or the head of a research project . An example of principal is the amount of money loaned to a business.
What is principal amount?
Principal Amount of a Loan
Therefore, the home loan principal amount is the amount of money the borrower has borrowed from the lender less whatever the borrower has already repaid . ... The lender usually works out the exact amount the borrower has to pay each month to pay off the loan in the term they have set.
What is the difference between interest and principal?
Principal is the money that you originally agreed to pay back. Interest is the cost of borrowing the principal. ... If you plan to pay more than your monthly payment amount, you can request that the lender or servicer apply the additional amount immediately to the loan principal.
What is a good sentence for principal?
The principal of the school is retiring this year. First chair of the violins is the principal. When you take out a loan, the amount of money you borrowed is called the principal. The principal of the firm just gave everyone a raise.
Where does principal come from?
The word, principal, comes from the Latin principalis “first in importance” and is related to the title of prince. You can see the relation when you think about its meanings — the head of a school, the starring actor in a film, and the client of an agent.
How do you write principal in short form?
Summary: Principal Abbreviation
There are two common abbreviations of principal: prin. and P. If you want to make either of these plural, simply add on an “s.”
What do principals do?
Elementary, middle, and high school principals oversee all school operations , including daily school activities. They coordinate curriculums, manage staff, and provide a safe and productive learning environment for students.
What is the principal in interest?
The principal is the amount you borrowed and have to pay back , and interest is what the. For most borrowers, the total monthly payment you send to your mortgage company includes other things, such as homeowners insurance and taxes that may be held in an escrow account.
What is a principal give an example of a principal?
Principal: The person or entity on whose behalf and subject to whose control an agent acts. For example, your boss at work . Agent: A person who agrees to act on behalf of and instead of his or her principal, subject to the principal’s control. A good example would be an insurance agent.
