标题: Principal [打印本页] 作者: Foufou 时间: 2011-7-13 15:43 标题: Principal
I have seen questions referring principal everywhere. Who exactly is the principal?作者: lc26mizzou 时间: 2011-7-13 15:43
If you're talking about the principle-agent problem, the principle is the owner/shareholders.
If you're talking about loans, principal is the amount you're owed excluding interest payments.作者: LokiDog2 时间: 2011-7-13 15:43
I think it's related to underwriting. It's supposed to a designation if I understand the questions correctly. It has been used in many ethics questions in schweser mock exams.