Mortgage Principal

Mortgage Principal,

Definition of Mortgage Principal:

  • Loan balance on interest free property. What you owe on your mortgage.

Literal Meanings of Mortgage Principal

Mortgage:

Meanings of Mortgage:
  1. Transfer (assets) to lenders as collateral.

  2. A legal arrangement under which a bank or other lender charges the borrower money in exchange for interest, provided that the transfer of ownership is reversed upon payment of the loan.

Sentences of Mortgage
  1. The farm is in mortgage

  2. I deposited one lakh cash and took out a mortgage from the rest

Synonyms of Mortgage

advance, pawn, credit, put up as collateral, mortgage, guarantee

Principal:

Meanings of Principal:
  1. A person who has the most authority or important position in an organization, institution or group.

  2. The amount borrowed or invested, along with the interest paid.

  3. The person for whom the other person acts as an agent or agent.

  4. The individual is directly responsible for the crime.

  5. An important beam supporting the porlin.

  6. The central entry of an organ open channel usually stops playing the active on the tuning fork.

  7. In order of importance first.

  8. (Cash) represents the amount actually invested or borrowed.

Sentences of Principal
  1. Design consultant whose director is based in San Francisco

  2. Winners are paid interest without touching the principal.

  3. Tokyo stockbrokers act as agents rather than directors

  4. Central action often involves words and actions.

  5. The main part of the property extends from the bottom of the plate to the top.

  6. All the rules are in the manual

Synonyms of Principal

controller, prominent, chief executive officer, employer, leading, manager, chairman, dominant, ruler, managing director, foremost, capital funds, boss, primary, director, president, chief, first, predominant, CEO, MD, head, capital, chairwoman, working capital, leader, capital sum, main, financial resources, chief executive