What is example of principal?

Principal is someone or something that holds the highest rank, or is a sum of money. An example of principal is the person in charge at a school or the head of a research project. An example of principal is the amount of money loaned to a business.

What does it mean when someone says principal?

As a noun, principal generally means main or head person, such as the principal of a school.

What are the two meanings of principal?

Meanings of ‘Principal’

When found as a noun, principal has a wider variety of meanings, including “a person who has controlling authority or is in a leading position,” “the chief executive officer of an educational institution,” “a leading performer,” or “a capital sum earning interest.”

What does principal mean in finance?

Principal is the money that you originally agreed to pay back. Interest is the cost of borrowing the principal. Generally, any payment made on an auto loan will be applied first to any fees that are due (for example, late fees).

How do you use principal?

Use principal in reference to a person who is in leadership or to describe the importance of something; use principle to refer to a standard, rule, or guiding belief. One popular mnemonic device to remember this difference is the isolation of “pal” from principal. The principal of your school is your “pal” …

Who is a principal person?

1 : a person who has controlling authority or is in a leading position: such as. a : a chief or head man or woman. b : the chief executive officer of an educational institution.

What is the principal in business?

A principal is essentially another name for a company owner or member; at some corporations, the principal is also the founder, CEO, or even the chief investor.

What is principal in mortgage?

The principal is the amount you borrowed and have to pay back, and interest is what the. For most borrowers, the total monthly payment you send to your mortgage company includes other things, such as homeowners insurance and taxes that may be held in an escrow account.

What does principal mean in stocks?

In the context of investing, principal is the original sum committed to the purchase of assets—independent of any earnings or interest. In business, principals are those who own a majority stake in a company and/or play a significant role in running it.

What is the principal of a school?

A principal is the supervisor of all employees, including teachers, maintenance workers, administrative staffers, and any other employee of the school. Given the responsibilities held by principals, there are several general skills and traits that are necessary to be an effective principal of a school.

Is a CEO an agent or principal?

For example, a company’s stock investors, as part-owners, are principals who rely on the company’s chief executive officer (CEO) as their agent to carry out a strategy in their best interests.

Why is the principal like a CEO of a company?

Just like CEOs, principals work strategically to hire the right staff, cultivate effective managers at all levels of their organization, ensure staff are supported and held accountable for results, create systems to promote efficient operations, and cultivate a positive culture focused on their vision for success.

What is the difference between principal and head of school?

Answer. Answer: They are the same thing: the head of a school. … In the U.S., a “principal” tends to be the chief administrator of a public (that is, state-supported) school, while a “headmaster” or “headmistress” has the same function at a private school.

How do you become a principal?

You will therefore have to study for four year to obtain an honours degree in education. This is known as a REQV 14 qualification. After this you will have to work as a teacher for seven years and obtain experience before you can be considered for the position of school principal.

What is the owner of a school called?

Principals, head masters, and others who are responsible for the overall operation of a school are often called school leaders.

What is a male principal called?

headmaster. noun. British a male teacher who is in charge of a school. A more usual word is headteacher. The usual American word is principal.

What is higher than a principal?

Differences Between Principal and Superintendent

Typically, a principal reports to a higher level administrator. Being a superintendent, however, requires a seven-member board to support high-level decision-making. There are also many stakeholders in the district that the superintendent must be in communication with.

Can a woman be a headmaster?

The term is gender-specific, and refers to a male in the position. A female in the same role would be called a headmistress. In the United States, the shortened version of ‘master’ was used in some universities to refer to the faculty leader of a residential space regardless of gender.

Is a principal the same as a head teacher?

Is there a difference between a headteacher and a principal? These terms have been interchangeable over recent years. Headteacher or headmaster has traditionally been used in UK schools with the term principal being imported from the USA and used more commonly in academies and multi-academy trusts in England.

What do you call a female principal?

A headmistress is the female principal of a school, particularly a private school. You might need to ask the headmistress of your high school for a college recommendation. Private schools and prep schools often call the person in charge a headmaste if he’s a man and a headmistress if she’s a woman.

What is the opposite gender of hero?

In the sense “the principal character in a story, play, etc.,” a hero is male and a heroine is female: Margaret is the novel’s heroine.