Definition: 1. Finance: a) The capital sum; the amount of a debt or investment less the interest paid or earned. b) The face value of a stock, bond, or other security.
2. Real Estate: The main body of an estate (not including income).
3. Law, Real Estate: a) One who is represented by an agent. b) A person who bears responsibility for a covenant, debt, duty, liability, or other obligation.
Terms, Definitions, and Concepts: Auction, Finance and Investment, Legal (Law), Management, Real Estate
Added: Fri Jan 06 2006
Last Modified: Tue Aug 12 2008