principal sum

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Definitions from WordNet

Noun principal sum has 1 sense

principal, corpus, principal sum - capital as contrasted with the income derived from it
--₁ is a kind of capital

Definitions from the Web

Principal Sum

Definition:

The principal sum refers to the original amount of money borrowed, invested, or deposited, on which interest is calculated.

Sample Sentences:

The bank lent me a principal sum of $10,000 for my new business venture.
Investors received a significant return on their principal sum after the successful IPO.
Make sure to factor in the interest rate while calculating the final amount payable, including the principal sum.

Possible Related Products:

Loan Calculators
Investment Books
Savings Accounts

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