Comparative law notes
US;in a power of attorney
There are multiple definitions - click on the translation that matches your context.
principal means:
full
noun
US;in a power of attorney
a person who uses another to act as his or her representative
An agent cannot bind its principal when it exceeds (= goes beyond) the limits of its authority.
the original sum of money loaned under a loan agreement
The proposed legislation will help investors recover principal money secured by a charge on land or personal property.