Principal Amount

The face amountThis is the death benefit stated on the first page of a life insurance policy.Page 9 of a BondWritten evidence of an obligation given by a corporation or government entity. A surety instrument., exclusive of accrued interestThe interest on a student loan that begins to accrue (accumulate) after a student completes school. and payable at maturityThe time when a note, bond or other investment option comes due for payment to investors. or, as to an IssueA specific identified issue of securities (e.g., "Water and Sewer Revenue Demand Bonds, Series 1983")., the aggregate principalThis term is used to mean the employer of an agent; or the amount of money borrowed, or the amount of amount of the Issue.