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Encyclopedia Britannica - Main :: PRE-PYR |
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PRINCIPAL , a person or thing first, or chief
chief
original
Late
magistrate of a municipality (Symmachus, Ep. 9, 1). It is a common title for the head of educational institutions, universities, colleges and schools. It is thus used of the director, of some of the heads of newer universities in England, e.g. London and Birmingham, always so in Scotland , and frequently combined with the vice-chancellorship. At the university of Oxford the name occurs twice as the title of the head of a college, viz. of Brasenose and Jesus. It was always used of the heads of halls, of which St Edmund Hall
Cambridge it does not occur. In law, it is used in distinction from " accessory," for the person who actually commits the crime, " principal in the first degree," or who is present, aiding and abetting at the commission of the crime," principal in the second degree;" and also for the person for whom anotheracts by his authority (see PRINCIPAL AND AGENT below). Finally as a shortened form of " principal sum," " principal money," &c.,, the term is used of the original
interest
capital sum, as opposed to interest
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