original principal balance

Definition

The total principal owed on a mortgage before a borrower has made a payment.

Related Videos




http://www.businessdictionary.com/definition/original-principal-balance.html

Today's Top Bulls

73% Bullish
(37 Votes)
70% Bullish
(104 Votes)
68% Bullish
(76 Votes)
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z