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it means that you are reducing the amount of your original loan on the principal of your property....it's usually the amount less interest paid monthly that you are reducing.........thus the principal is reduced by that amount
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∙ 16y ago
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What does principal mean in math terms?
principal(in terms of math)- the amount you borrow or deposit
What is the mathamatical term for mean?
The mathematical term for "mean" is "mean".The popular, or colloquial term for "mean" is "average".
What are other words mean subtraction?
deduction, reduction, decrease, discount, diminution
Does the math term ratio mean multiply?
No, the math term ratio doesn't mean multiply.
What is the deviation mean mean?
There is no statistical term such as "deviation mean".
What does the term principal reduction mean by banks?
It's when a bank reduces the balance on your mortgage whether on their own accord or through a company that does that for a living. Either way, you end up owing less.
What is the correct spelling of principle reduction?
In this case, the spelling is principal, referring to the primary amount of a loan or investment.
What does the term ISI mean when use with a child abuse charge?
for the charge of child abuse ISI (principal), what does that mean? what is the ISI and principal for?
How do you enter a principal reduction on new hud1?
Enter this as a cost to the Borrower on Line 105.
Which term describes a reduction?
manipulation
Can a bankruptcy attorney help you with a home principal reduction?
Probably...and probably a good choice to do so.
What does the term slump in trade mean?
A sudden dip in demand for the goods involved. A general slump means there is an overall reduction in trade.
What is the medical term of the reduction of organ?
hypoplasia
What does the french term avante mean?
Principal TranslationsavantprepbeforeavantadjforwardAdditional Translationsavantadjfrontavantadjonwardavantadvprioravantnm(Sports) Sports, footballforwardavantnmfrontavantnmforefrontavantnmnauticalforeavantnmbowavantprepprevious toavantprepprior toavantprepereavantpreptimebeforeavantprepnot later thanby
What kind of reaction is used in electroplating?
The principal reaction is the reduction of a metal cation; this metal is deposed on the "electrode".
What does the greater than sign mean in music?
An extended closed angle bracket ( > ) indicates a reduction in volume of a section of music. The Italian term diminuendo(alternatively, decrescendo) refers to a reduction in amplitude of a particular section or passage.
What is the percent reduction in area of aluminum?
Please be more specific. Do you mean the reduction of a casting? Reduction due to what???
