1. A person who grants another person(an agent) authority to represent him indealings with third parties. 2. One of the partiesto a transaction (such as a buyer or seller), asopposed to those who are involved as agents oremployees (such as a broker or escrow agent).3. With regard to a loan, the amount originallyborrowed, as opposed to the interest.

Merriam-Webster Online Dictionary
principal (adjective)
1.
most important, , or influential - consequential chief the principal ingredient the region's principal city
2.
of, relating to, or constituting principal or a principal - (see principal) principle
principal (noun)
1.
a person who has controlling or is in a leading position as - authority
a) a or head man or woman - chief
b) the chief executive officer of an educational institution
c) one who engages another to act as an agent subject to general control and instruction , specifically the person from whom an agent's authority derives
d) the chief or an actual participant in a crime
e) the person primarily or ultimately on a legal obligation - liable
f) a leading performer - star
2.
a matter or thing of importance as - primary
a) (1) a capital sum earning interest, due as a debt, or used as a fund
(2) the of an estate, portion, , or bequest - corpus devise
b) the construction that gives shape and strength to a roof and is usually one of several - trusses , broadly the most important member of a piece of framing principle
Merriam-Webster Online Thesaurus
principal (adjective)
1.
coming before all others in importance
SYNONYMS:
arch, big, capital, cardinal, central, chief, dominant, first, grand, great, greatest, highest, key, leading, main, master, number one ( No. 1), numero uno, overbearing, overmastering, overriding, paramount, predominant, preeminent, premier, primal, primary, principal, prior, sovereign ( sovran), supreme
RELATED WORDS:
distinguished, eminent, illustrious, noble, notable, noteworthy, outstanding, prestigious, signal, star, stellar, superior; high-level, senior, top; important, influential, major, mighty, momentous, significant; incomparable, matchless, unequaled ( unequalled), unparalleled, unsurpassed; celebrated, famed, famous, renowned
NEAR ANTONYMS:
inconsequential, inconsiderable, insignificant, minor, negligible, slight, trifling, trivial, unimportant; collateral, inferior, secondary, subordinate, subsidiary
last, least
principal (adjective)
2.
highest in rank or authority
SYNONYMS:
chief, commanding, first, foremost, high, lead, leading, preeminent, premier, presiding, primary, prime, principal, supereminent, supreme, top
RELATED WORDS:
high-level, senior; controlling, directing, managing, officiating, overseeing, regnant, reigning, ruling, supervisory; main, major, paramount, predominant, predominate, sovereign ( sovran); ascendant ( ascendent), dominant, grand, superior, topmost, upmost, upper, uppermost
NEAR ANTONYMS:
ancillary, inferior, last, less, lesser, lower, lowly, second, secondary, subordinate, subsidiary; assistant, assisting, coadjutor, deputy, junior, under
principal (noun)
the person who has the most important role in a play, movie, or TV show
SYNONYMS:
headliner, lead, principal
RELATED WORDS:
leading lady, leading man; superstar; ingenue ( ingénue), starlet; star turn []; coprincipal, costar
NEAR ANTONYMS:
extra, supernumerary
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