Cambodian definition, of, relating to, or characteristic of Cambodia, its people, or its culture. See more.
Outstanding Principal Balance The outstanding principal 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.
The current portion of long term debt is the amount of principal that will be due within one year of the date of the balance sheet. To illustrate the current portion of long term debt, let's assume that a company's loans payable are $100,000 of principal. You need to look at the loan repayment schedules and add up the principal amounts that must be paid within one year of the balance sheet date.