Show more usage examples... You need to know what the wholesale price of any materials are so that you can figure out how much to charge for your product.
Fundamental norms, rules, or values that represent what is desirable and positive for a person, group, organization, or community, and help it in determining the rightfulness or wrongfulness of its actions. Principles are more basic than policy and objectives, and are meant to govern both. See also principle.
âPrincipalâ or âprincipleâ? The words principle and principal are pronounced in the same way but they do not have the same meaning. Principle is normally used as a noun meaning âa fundamental basis of a system of thought or beliefâ, as in: This is one of the basic principles of democracy. Principal, on the other hand, is normally an adjective meaning âmain or most importantâ, as in: one of the countryâs principal cities.