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.
If any deficiency in the payment of any installment under this note is not made good prior to the due. date of the next such installment, the entire principal sum and accrued interest shall at once become due and. payable without notice, at the option of the holder of this note. Failure to exercise this option.