principal noun (MONEY) âº [ C usually singular ] specialized finance & economics an amount of money that someone has invested in a bank or lent to a person or organization so that they will receive interest on it from the bank, person, or organization: She lives off the interest and tries to keep the principal intact.
A Qualified Domestic Relations Order (QDRO or quadro) is an court order that governs how retirement benefits are to be divided between two people, usually as part of a divorce settlement. The quadro legally recognizes another persons right to share in someone's retirement benefits.
Headquartered in San Antonio, Texas, Valero is an oil and gas company that operates petroleum refineries as well as retail fuel stations throughout the United States and abroad.