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"in principal" is a correct and usable phrase in written English.
It is typically used as an adverb to mean "in principle" or "in theory." It is often used to indicate that something is theoretically true or should be true in a certain situation, but may not always be the case in practice. Example: "In principal, everyone should have access to affordable healthcare. However, in reality, many people struggle to afford necessary medical treatment."
Dictionary
in principal
adverb
Misspelling of in principle
Exact(58)
"I do agree with this in principal.
"For all practical purposes, it's agreed to in principal".
Brennan agrees in principal to join such an effort.
"In principal" should of course have been "in principle".
The $40 million in principal was due in 2035.
Ms Saunders is a dealmaker specialising in "principal finance".
The others are, in principal, waiting to be allowed in.
"There is an agreement in principal," Mr. Dewhurst said in Austin.
"Schank's idea in principal is a very sound one," Professor Nusbaum said.
I think she is democratic in principal but not entirely democratic in practice".
Similar(1)
There was no built-in principal protection.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com