Fall/ Winter 2015-2016 Fashion Trend #29: Oversized Belts. We fell in love with oversized belts years ago and seeing them back on the latest trends list excites us to no end. They are worn on everything from jumpsuits to vests, dresses and coats.t is probably one of the prettiest fall 2015 fashion trends to appear on the runways, but we certainly cannot get enough of the peek-a-boo lace trend, with the skin and silhouette showing through, often a little too much, but sometimes acting more demure like in the Bibhu Mohapatra collection.
Outstanding Principal Balance. The outstanding loan balance of a mortgage is simply the total amount of money it would take to pay off the loan in full. How much this amount is depends on how much was originally borrowed, how much has been paid down, and what the annual interest rate is.
Principal has a specific meaning in the context of commercial law. From Wikipedia : a principal is a person legal or naturalâwho authorizes an agent to act to create one or more legal relationships with a third party. Effectively, this means that the principal is the business.In the case of a corporation, say General Electric, the principal is General Electric itself, while Jack Welch was one of its agents during the 80s and 90s. partner or owner of a business. This is primarily the only reason you would use the word principal in the world of business. In Business terms, Principal has one meaning, you would be a part of a company with a financial interest in that company.