A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
P. P/ P& Pa Pc Pd Pe Ph Pi Pl Pm Pn Po Pp Pr Ps Pt Pu Py
Pra Pre Prh Pri Pro Pru

PRIN

the FSA’s Principles for Businesses manual, setting out the fundamental obligations for all firms under the regulatory system.

Principal

(i) An individual or Company whose performance of certain obligations is covered by a bond. (ii) The money due under the Policy. (iii) The party to a transaction, as distinguished from the broker or Agent. (iv) A sum lent or employed as a fund of investment, as distinguished from its income or profits. (v) The original amount (as of a loan) of the total due and payable at a certain date.
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UK: 1. One who authorises an agent, to act on his behalf. If an agent purports to act on his own behalf, his principal is called an undisclosed principal. 2. A principal debtor is one who owes a debt that is guaranteed by a surety. 3. A sum of money put out at interest. 4. An authorised firm that accepts regulatory responsibility for contracted appointed representative firms and individuals. The principal must report its contracted agreement with an AR to the FSA for inclusion in the FSA Register. See PRINCIPAL’S CLAUSE.
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A person or organization whose obligation are guaranteed by a bond.
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MEDICAL,USA: Entity that authorizes another individual or representative to act on behalf of the principal in dealing with third parties.
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Used in suretyship, it refers to the individual whose performance is guaranteed.

Principal diagnosis code

1. Diagnostic code for a condition established after study that is responsible for the admission of the patient to the hospital. 2. When completing the Uniform Bill (UB-04) paper or electronic claim form, the principal diagnosis code including fourth and fifth digits should appear in Field 67.

Principal procedure code

1. ICD-9-CM procedure code for the most important medical service performed, usually for treatment, which is related to the chief diagnosis responsible for the admission of the patient to the hospital. If there are two procedures that are principal, then the one most related to the principal diagnosis should be the principal procedure. 2. When completing the Uniform Bill (UB-04) paper or electronic claim form, the principal procedure code should appear in Field 67. The electronic version requires an eight-character date listing year, month, and day (20XX0425).

Principal sum

A lump sum payment under a policy upon the insured person’s accidental death, dismemberment, or loss of sight.
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MEDICAL,USA: Dollar amount paid in a lump sum by an insurance company for an accidental death or accidental dismemberment of the insured.
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The amount specified on a Policy to be paid in the event of certain losses, such as a designated amount of money to be paid in case of a loss of limb/s.