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How many of you can relate this? 😄😅

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Education would be one.
Good one
My school had a principal when I was growing up…
In Product Management and Engineering, it’s an individual contributor role, usually one step up from a senior role.
At my company, principal is equivalent to senior manager level and Senior principal is almost-director level but not quite since we have Directors here too (but very rare title unless you’ve been here 10+ years).
In engineering orgs, principal engineers are group/product line level technical leaders. Extremely rare position for lifelong engineers
It’s a role in Private Equity, typically one step below the actual rainmakers.
Varies greatly. Could be a very senior person. Or could be someone who is simply an individual contributor, yet has experience.