Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “principal payment”

principal payment

noun [C]
 
 
FINANCE a payment made to pay back all or part of a loan, rather than to pay interest on the loan: The hospital operator said its lenders also agreed to defer a $4.2 million principal payment until March 31.
(Definition of principal payment from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of principal payment?
Add Cambridge dictionaries to your browser to your website

Word of the Day

aptitude

a natural ability or skill

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More