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Social Studies glossary

principal

capital (principal)

the original amount of money saved, invested or borrowed, not counting interest.

Example

If you borrow $5,000 for a car and repay $5,600, the principal is $5,000 and the interest is $600.

In Spanish

capital (principal) — la cantidad original de dinero que se ahorra, se invierte o se pide prestada, sin contar el interés.

Si pides prestados $5,000 para un carro y devuelves $5,600, el capital es $5,000 y el interés es $600.

Related words

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