Skip to main content
Insurance

Principal

In the realm of finance, we often come across the term 'principal.' Now, the principal is not just the head of a school, but it also refers to the obligor or the individual who is bonded in a fidelity or security bond. This person is responsible for fulfilling the terms of the bond, thereby ensuring the protection of the bondholder's interests. In essence, the principal plays a crucial role in maintaining the integrity of the bond.

Related terms

Extended coverage

Understand the meaning and definition of Extended coverage in the context of stock market, trading, and investments.

MORE
Expected loss ratio

Understand the meaning and definition of Expected loss ratio in the context of stock market, trading, and investments.

MORE
Agent

Understand the meaning and definition of Agent in the context of stock market, trading, and investments.

MORE
Insured

Understand the meaning and definition of Insured in the context of stock market, trading, and investments.

MORE
Dynamic risks

Understand the meaning and definition of Dynamic risks in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.8 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store

Open Free Demat Account!

Join our 3.8 Cr+ happy customers
+91