Something I’m getting increasingly puzzled about, the difference between principle and principal.
In English, a school has a principal, a capital repayment is the payment of principal on a mortgage or bond etc.
Principle is sure, I have principles and if you don’t like said morals then I have some others as well.
I keep seeing Americans using these differently. For example, this from Moody’s via email:
PDVSA’s hefty payment calendar through 2017 includes almost $4 billion in
debt service in Q4 2016 when $3 billion in principle payments come due:
$1 billion in October and another $2 billion in November. By contrast,
the sovereign has only interest payments due on its global bonds from now
through the end of 2017.
That’s not the only example which I recall.
Now, is that just a spelling mistake? Or does American use the spellings differently than English?