1. A basic truth or law as the basis of reasoning or action. 2. A personal code of conduct or good behavior: a man of principle. 3. Moral or ethical judgments collectively. A decision based on principle rather than expediency.
glossary
An asset class consisting of equity securities and debt, which is invested in an operating company that is not publicly traded on a stock exchange. A private equity investment is typically made by a firm that specializes in private equity, venture capitalist or an angel investor. Each investor category has different goals, preferences and investment strategies; however, all provide working capital to nurture expansion, new product development, or restructuring of the company’s operations, management, or ownership.