3 ms·

(Principles. Lots of people making this error these days. A principal is e.g. of a school, or a loan.)

• aspenmayer 5y ago
  Principal investor is a term of art in the industry. It has other financial meanings as well. Principles are ideals you adhere to or uphold. They are also concepts used to implement a design. Principal and principle are homophones, and they are commonly mixed up. https://www.law.cornell.edu/definitions/uscode.php?def_id=12-USC-1100363702-1484898689 https://www.law.cornell.edu/definitions/uscode.php?def_id=12... https://www.investopedia.com/terms/p/principal.asp#understanding-principal-private-companies https://www.investopedia.com/terms/p/principal.asp#understan...
  • cormacrelf 5y ago
    Are you disagreeing with me?
    • aspenmayer 5y ago
      No, I was just trying to disambiguate the terms. Sorry if it came off that way.
  • jmacd 5y ago
    Yeah, some guy in finance wrote a whole book using that stupid term!