Definition of Principal balance:
The loan amount is deferred, without interest and other fees.
How to use Principal balance in a sentence?
- The central balance was much lower than I expected and I was really glad it wasn't too much for me.
- Jason was so grateful for the legacy that his grandmother left him and immediately called the principal's loan repayment department to confirm the principal.
- You should always know that the principal has to calculate quickly for the budget you need.
Meaning of Principal balance & Principal balance Definition