principal value

American  

noun

Mathematics.

1. a value selected at a point in the domain of a multiple-valued function, chosen so that the function has a single value at the point.

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Example Sentences

Semiannual interest is added to the principal value of the bond, compounding over the life of the bond.

From Barron's

The principal value that Garland and the Justice Department are concerned with is the rule of law.

From Slate

If you continue paying the same amount that you did before the refinance, that additional amount will go toward the principal value of the loan.

From Washington Post

“Since then, Mr. Reich’s promise that the baby boomers would rework society into three stages of Consciousness has been revealed as so wacky that its principal value now is as a sort of joke.”

From Washington Post

The principal value of a platform business is in its network.

From Salon