PRINCIPAL Definition

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PRINCIPAL is: a. a person who has controlling authority (e.g. the CEO or owner of a company) or is in a leading position (part owners of a legal entity) or, b. a matter or thing of primary importance, e.g. is the amount of a loan, excluding interest, or the amount you invest, excluding income.

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VERIFIABILITY is where the fact is capable of being tested (verified or falsified) by experiment or observation.

EQUITY SHARE CAPITAL is capital raised by an entity through the sale of common shares.

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