The insurance company would use the note to guarantee the principal sums invested.

Hinetitama could never get her hands on the principal sum while receiving a considerable independent income from it.

A bond entitles the holder to repayment of the principal sum, plus interest.

In such a case, a syndicate of banks can each agree to put forward a portion of the principal sum.

The principal sum was invested with the City Corporation, the revenue being distributed within the parish in bread.

It must be borne in mind that the cost of an action in Court will be significant, especially where the principal sum is relatively insignificant.

It consists of an agreement to lend a principal sum for a fixed period of time, to be repaid by a certain date.

In exchange for commercial bank loans, the countries issued new bonds for the principal sum and, in some cases, unpaid interest.

I dinna mind that there's been a payment of principal sum or annual rent on it in myday, and doubtless that has made the mistake."

However, by the time the project was finished, the interest rate had increased to 16.5%, and the toll company could not pay the interest, let alone the principal sum.

The rentals as well as the purchase price are fixed in such manner that the bank gets back its principal sum along with profit over the period of lease.

Such an event might result in the new government being unwilling or unable to service external debt, including bank loans, i.e. nonpayment of interest and/or the principal sum loaned.

After tense negotiations the Ojibway reluctantly agreed to surrender their Reserve in exchange for "the interest on the principal sum arising out of the sale of the land".

Interest upon interest, where accrued interest is added to the principal sum, and the whole treated as new principal, for the calculation of the interest for the next period.

Scaled taxation is a method of progressive taxation that raises the rate at which the principal sum is taxed, directly relative to the amount of the principal.

The accumulating interest charges on these margin loans - which reached a principal sum of $1.3 million - forced High Yield to liquidate the Monettis' investments at a big loss.

Consequently, since NDF is a "non-cash", off-balance-sheet item and since the principal sums do not move, NDF bears much lower counter-party risk.

If the personal representatives delay distribution without sufficient cause beyond the executors' year, a pecuniary legatee as in this case is entitled to interest at 5% a year on the principal sum.

Charging orders, either nisi or absolute, are not subject to the Limitation Act 1980 - either in relation to the repayment of the principal sum or the interest secured under the orders.

In commercial loans interest, calculated as a percentage of the principal sum per year, will also have to be paid by that date, or may be paid periodically in the interval, such as annually or monthly.

In the other it was supposed sufficient to pay the interest only, or a perpetual annuity equivalent to the interest, government being at liberty to redeem at any time this annuity upon paying back the principal sum borrowed.

Before turning to consider the main authorities I should emphasise that Woolwich paid the principal sum under neither mistake of fact nor of law, rather did it pay under protest and take immediate action to challenge the validity of the demand.

"When money is lent on a contract to receive not only the principal sum again, but also an increase by way of compensation for the use, the increase is called interest by those who think it lawful, and usury by those who do not."

He was there dealing not with summary remedies available to the state to which a citizen had no opportunity to state a defence but rather to additional consequences which might adversely affect a citizen should he fail in his defence to the claim to the principal sum.

I thought that there was a test case some years ago in the UK, where someone successfully claimed that they were entitled to the interest accrued when a huge sum was erroneously transferred to their account by the bank, although they had to give the principal sum back.