Examlex
If strep throat isn't really dangerous, why is it important to test for it?
Principal
The primary party involved in a contract or transaction, or the amount of money originally invested or loaned, before interest.
Agent
A person or entity authorized to act on behalf of another, usually in business transactions or negotiations.
Separate Accounts
Financial accounts that are segregated for individual investors, common in insurance and investment management.
Principal's Funds
Resources or capital belonging to the principal in a transaction or investment scenario, as opposed to the agent's or broker's funds.
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