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    • Join Date: Jul 2005
    • Posts: 928
    #1

    principal

    Hi,

    could you please tell me what "principal" means in the following sentence:

    Company XXX will provide company YYY an action plan report every 3 months of the principal on matters concerning sales and sales opportunities.

    Thank you very much.

    Hanka

  1. Casiopea's Avatar

    • Join Date: Sep 2003
    • Posts: 12,970
    #2

    Re: principal

    What about? The main body of an estate. There's also,

    Finance,

    a) The capital or main body of an estate or financial holding as distinguished from the interest or revenue from it.

    b) A sum of money owed as a debt, upon which interest is calculated.
    - Funds put up by an investor.
    - The original amount invested, separate from earnings.

    Source

    Hope that helps.
    Last edited by Casiopea; 02-Jan-2007 at 16:02.


    • Join Date: Jul 2005
    • Posts: 928
    #3

    Re: principal

    It doesn´t make sense to me here. I think that "principal" here should mean something like "the most important matters", but I am not sure


    • Join Date: Jul 2005
    • Posts: 928
    #4

    Re: principal

    Or does it make sense to you in the given sentence with some of the meanings you suggested?

  2. Casiopea's Avatar

    • Join Date: Sep 2003
    • Posts: 12,970
    #5

    Re: principal

    It's the preposition on that's the problem or the solution.

    Is the sentence supposed to read 'on matters' or 'principal matters'?

    (a) Company XXX will provide company YYY an action plan report every 3 months of the principal on matters concerning sales and sales opportunities.

    (b) Company XXX will provide company YYY an action plan report every 3 months of the principal matters concerning sales and sales opportunities.

    If (a) on, then principal seems to refer to an estate, Note the final phrase 'concerning sales and sales opportunities'.

    If (b), then your assumption works better.


    • Join Date: Jul 2005
    • Posts: 928
    #6

    Re: principal

    And what exactly do you mean by "estate"?

  3. Casiopea's Avatar

    • Join Date: Sep 2003
    • Posts: 12,970
    #7

    Re: principal

    A financial holding.


    • Join Date: Jul 2005
    • Posts: 928
    #8

    Re: principal

    I see , thanks a lot, Casiopea!!!

  4. Casiopea's Avatar

    • Join Date: Sep 2003
    • Posts: 12,970
    #9

    Re: principal

    You're welcome.

    You might want to check this out. Investorwords.com


    • Join Date: Jul 2005
    • Posts: 928
    #10

    Re: principal

    Maybe one additional question
    "of principal" and "on matters" both refer to the report? If so, why are different prepositions used?

    Thank you very much.

    Hanka

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