Series 52: Principal

Taken from our MSRB Municipal Securities Representative Qualification Examination

Definition of the term Principal...

1. a person engaged in managing FINRA-registered employees. 2. The amount that a bond issuer must pay upon maturity, not counting any interest. Often equal to the bond's par value.

Since you're reading about Series 52: Principal, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 52
Please Enable Javascript
to view this content!