A capital sum of money due as a debt or used as a fund for which interest is either charged or paid is called
A) disbursement.
B) reconciliation.
C) principal.
D) holder.

Name: A capital sum of money due as a debt or used as a fund for which interest is either charged or paid is called A) disbursement. B) reconciliation. C) principal. D) holder.
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Question

Quizplus · Accepted Answer

Principal is a capital sum of money due as a debt or used as a fund for which interest is charged or paid.

A Capital Sum of Money Due as a Debt or Used