Capital as contrasted with the income derived from it.
1 It also provides that such default interest should not exceed that contracted as due on the principal sum .
2 If the debt falls into our hands, we will take only the principal sum named in the bond.}
3 With a perpetual bond, the issuer does not repay the principal sum , but can pay interest on it without a fixed end.
4 If such a debt falls into the hands of the Crown, it will take nothing except the principal sum specified in the bond.
5 The board is authorized to receive bequests for education, and invest the principal sums when the interest only is to be expended.
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