What’s a Principal Control Operator’s role?

The master control operator is a crucial role in television stations, responsible for broadcasting signals and managing commercials. The job requires minimal journalistic knowledge and only a high school diploma, but requires someone to be present 24/7. The operator must manage tight schedules and live broadcasts. All cable television comes out of a small room […]

What’s a principal balance?

Principal balance is the outstanding amount on a loan that must be paid back to satisfy the debt, not including future interest or fees. It is reduced with each payment, and the loan is canceled when all the principal has been paid. Compound interest loans increase the principal amount, and paying more than the minimum […]

What’s a principal loss transfer?

Capital loss carry forward allows corporations to deduct losses that cannot be deducted in the current tax year, by claiming them in the next period. This helps prevent excessive loss claims and ensures that corporations can reclaim all capital losses over time. Documentation supporting the loss must be maintained and regulations followed. A capital loss […]

What’s the principal amount?

Principal amount is the face value of a loan or debt guarantee. Borrowers repay a portion of the principal with each monthly payment, and in mortgages, the vast majority of the payment will be interest at the beginning. In other investments, principal refers to the original investment amount. The principal amount is the face value […]

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