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The original amount of money borrowed is known as the principal.
That is called "interest"
Debt.
cash advance
A Bond (:
The original amount of money borrowed is known as the principal.
That is called "interest"
Debt.
Russia
principal
cash advance
A Bond (:
Payment made for the use of borrowed money is called interest. Interest expense is shown on an income statement as a non-operating expense.
a loan
It is sometimes called the capital.
Loan
The predetermined amount an individual must pay for the use of borrowed money is called interest.