RupeeTimes' financial glossary  A-F |  G-O |  P-V |  W-Z |  1-9 |  Search by category |     Category: Definitions   Penal interest Plinth area Point Of Sale (POS) Power of attorney Pre-EMI Prime Lending Rate (PLR) Principal Processing Date Property tax Recurring Billing Refinance Charge Refinancing Repayment Repayment Holiday Repo rate Rest Reverse Mortgage Sale deed Stamp duty Statutory Liquidity Ratio (SLR) Stored-value Card Surcharge Tenure of the Loan Variable Interest Rate Principal The total amount of money that has been borrowed is the principal. Depending on the loan agreement fixed or floating rate of interest has to be paid on the outstanding principal.