Reading:  

Math Definitions - Letter P


Principal

Definition of Principal

Definition of Principal

The principal is the amount you initially invest (or borrow), not including any interest, dividends or bonuses.

For example, if Sam originally takes out a loan of \(\$2,000\) from the bank, the principal is \(\$2,000\).

He needs to repay the bank the principal, plus any interest.

Description

The aim of this dictionary is to provide definitions to common mathematical terms. Students learn a new math skill every week at school, sometimes just before they start a new skill, if they want to look at what a specific term means, this is where this dictionary will become handy and a go-to guide for a student.



Audience

Year 1 to Year 12 students

Learning Objectives

Learn common math terms starting with letter P

Author: Subject Coach
Added on: 6th Feb 2018

You must be logged in as Student to ask a Question.

None just yet!