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principle : a fundamental law or a doctrineThe homophone for principal is principle.Example sentences:Our school principal is a good leader.I disagree with his actions based on principle.Principle.Principal is a person.Principle is a concept.PrincipleprincipleprincipleThe homophone for principle is principal, the leader or head administrator in a school.
Principal Based
The type of authority based on the actions, words, or deeds of the principal is called "apparent authority." This occurs when a principal's behavior leads a third party to believe that an agent has the authority to act on their behalf, even if such authority has not been formally granted. Apparent authority can create binding obligations for the principal, as it relies on the perceptions formed by the third party.
Kiowa is based on their own word for "Principal People" or Ga-i-gwu.
A fixed percent of the principal of a loan or investment is called a fixed interest. It is paid monthly or annually or whatever based on the agreement made.
Principal ethics focuses on determining right and wrong based on a set of universal moral principles, while virtue ethics emphasizes the cultivation of moral character and virtues. Principal ethics is rule-based and deontological, while virtue ethics is focused on developing virtuous habits and traits to guide moral decision-making.
The principal amount of a loan decreases over time because payments are made towards it, reducing the total amount owed. On the other hand, the interest is calculated based on the remaining principal balance, so as the principal decreases, the amount of interest also decreases.
Paying off the principal amount of a loan will not make the interest disappear. Interest is calculated based on the outstanding balance of the loan, so even if you pay off the principal, any accrued interest will still need to be paid.
Principal of anticipation is the expected value of a property based on market events
You are paying more interest than principal on your loan because in the beginning of the loan term, the interest is calculated based on the original loan amount. As you make payments, the principal balance decreases, so the interest portion of each payment decreases while the principal portion increases over time.
Interest is the cost of borrowing money or the return on investment for deposited funds, typically expressed as a percentage of the principal amount. It is calculated based on factors such as the principal amount, the interest rate, and the time period involved. In financial terms, it can be categorized as either simple interest, which is calculated only on the principal, or compound interest, which is calculated on both the principal and the accumulated interest.