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Finance: What is Acting As A Principal? 36 Views
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Description:
What is Acting as a Principal? Acting as a principal happens when an individual or company takes on the role of principal. Usually in the case of corporations, they appoint agents to act on their behalf. In this case though, the company serves as the principal, or the main party, in the dealings of any investment buying or selling.
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Transcript
- 00:00
Finance what is acting as a principal Yeah unless you
- 00:07
want to get sent to detention we don't recommend doing
- 00:10
this on halloween Okay this one's really about acting as
- 00:14
a principal How versus acting as an agent princip al
- 00:21
equals owner agent equals a commission taker principal The end
Full Transcript
- 00:27
result like how well or poorly and investment performs determines
- 00:32
success Agent whether or not a commission happens determines success
- 00:40
Principal The party responsible for a given system or project
- 00:44
or event being successful agent the party responsible for getting
- 00:49
people teo just spend money on that event Principal developer
- 00:55
The person risking capital to make say a commercial building
- 00:59
Make money for investors Agent the person who sold office
- 01:04
units in that commercial building Principal the portfolio manager the
- 01:10
buy side player region the stockbroker the sell side player
- 01:16
and well that's it in our next video will cover
- 01:19
acting as a shakespearean prince also challenging but the pay 00:01:23.426 --> [endTime] isn't is good
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