What is the meaning of principle?

principle is the amount borrowed or remaining unpaid. The part of the monthly payment that reduces the remaining balance of a mortgage.

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APABarry Goldsmith. (2010). principle. Retrieved September 21, 2026, from http://smartdefine.org/principle/definitions/1161153
ChicagoBarry Goldsmith. 2010. "principle" http://smartdefine.org/principle/definitions/1161153 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, principle, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/principle/definitions/1161153>.
MLABarry Goldsmith. "principle" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/principle/definitions/1161153>
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