Total Principal Balance

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Definition: Total Principal Balance

Total Principal Balance
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Full Definition of Total Principal Balance

The sum of all debt, including the original loan amount adjusted for subsequent payments and any unpaid items that may be included in the principal balance by the mortgage note or by law.

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To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/total-principal-balance/
Modern Language Association (MLA):
Total Principal Balance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/total-principal-balance/.
Chicago Manual of Style (CMS):
Total Principal Balance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/total-principal-balance/ (accessed: April 19, 2024).
American Psychological Association (APA):
Total Principal Balance. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/total-principal-balance/

Definition Sources

Definitions for Total Principal Balance are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 17th November, 2021 | 0 Views.