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 : A
person who has controlling authority or is in a leading position: as a : a chief
or head man or woman ... c : one who employs another to act as agent subject to
the employer's general control and instruction; specifically : the person from
whom an agent's authority derives ... e : the person primarily or ultimately
liable on a legal obligation f : a leading performer Brought
to you by YourDictionary.com
 : In
the world of financial scams, the Principal is the mysterious and distant Lord
of the Money. In the UNDERGROUND
NETWORK, the object is first and foremost to "get
close to the Principal," one-on-one with the person who is the actual
Seller or Buyer, or as in the case of HIGH-YIELD
INVESTMENT PROGRAMS, INTERNATIONAL
CURRENCY SCAMS, PRECIOUS
METALS SCAMS, etc., the TRADER,
ASSET
MANAGER, COMMITMENT
HOLDER, FUNDER,
or TRUSTEE.
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