A principle is a sentence that tells you what to do when two good things fight.
Three things get called principles and only one of them is. Take three sentences a real product team might write down:
1. "We love great design."
2. "We aim to ship products that delight customers and drive measurable business value."
3. "When delight and clarity conflict, we choose clarity."
The first is a value, a feeling about who we are. The second is an intention, a hope about where we're headed. Neither survives a hard meeting. The third is a principle, because it gives you the answer when the meeting actually happens.
"The form is too clean. It's missing the moment of joy users loved in v1." The team reaches for sentence three. Clarity wins, and v2 ships.
Test every one of your principles this way. Pick a tradeoff your team has had to live through. If the principle wouldn't have given you the answer, it isn't done. Rewrite it until it does.
Most company principles are auditioning to be liked. The real ones do work in the room when two good things fight.