Principal balance

Principal balance,

Definition of Principal balance:

  1. The loan amount is deferred, without interest and other fees.

How to use Principal balance in a sentence?

  1. The central balance was much lower than I expected and I was really glad it wasn't too much for me.
  2. 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.
  3. You should always know that the principal has to calculate quickly for the budget you need.

Meaning of Principal balance & Principal balance Definition